Browsing: Hike

Bitcoin, Ethereum and $XRP avoided another major crash after the Federal Reserve delivered its first interest-rate hike since 2023.

Bitcoin held near its pre-Fed announcement levels of around $76,000 on Wednesday despite the US Federal Reserve raising its benchmark interest rate for the first time since 2023 to address persistently high inflation.

The US Federal Reserve has raised interest rates by25 basis points, taking its target range to3.75%–4.00%.

The Federal Reserve unanimously voted to raise its benchmark interest rate by 25 basis points, bringing the new target range to 3.75% to 4.00%.

The US Federal Reserve has raised interest rates by25 basis points, taking its target range to3.75%–4.00%.

In this episode, Scott Melker explains how an interest rate hike from the Federal Reserve could impact bitcoin (BTC-USD) and crypto in the short and long term. “The Daily Wolf with Scott Melker” airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Currencies39214 Market Cap$ 2.66T-0.85% 24h Spot Volume$ 40.10B-7.80% DominanceBTC57.10%+0.46%ETH10.96%+0.11% ETH Gas0.24 Gwei Editor’s PickMacroBitcoin (BTC) NewsTrump NewsGold (XAU) NewsFOMC Sep 16, 2026 2min read byLockridge Okoth forBeInCrypto

Markets are pricing a roughly 93% chance that the Federal Reserve raises interest rates by 25 basis points to 3.75%–4.00%.

A Fed rate hike at 2 PM ET Wednesday will hit a crypto market already rattled by the Senate killing landmark digital asset legislation, but traders watching Bitcoin, XRP, and Ethereum may have their eyes on the wrong clock.

BTC$75.917,53 traders aren’t exactly panicking about Wednesday’s expected Federal Reserve rate hike, but they aren’t taking many chances either.