Fed hikes rates by 0.25 pp, Bitcoin rises to $76,500 despite tightening
- —Rate raised by 0.25 pp for the first time since 2023, unanimous decision — 12:0
- —Bitcoin rose from $75,350 to $76,500 after the announcement, closing at $76,138
- —16 of 18 Fed members expect an additional hike in 2026 versus 9 in June
- —$592M withdrawn from Bitcoin and Ethereum ETFs on September 15 — the most in months
Why it matters: The market had already priced in the rate hike, so the reaction was muted; the next driver is the resumption of CLARITY Act discussions.
Source: BeInCrypto KR