Bitcoin (BTC) whipsawed on Sept. 17 after the Federal Reserve confirmed a 25 basis-point rate of interest lower, reducing its goal vary for the federal funds fee to 4% to 4.25%.
The choice additionally diminished the rate of interest paid on reserve balances to 4.15% and lowered the first credit score fee to 4.25%, each efficient Sept. 18.
The Fed mentioned the New York Fed’s Open Market Desk will conduct open market operations to take care of the brand new vary, together with as much as $500 billion in in a single day repurchase agreements and a $160 billion per-counterparty each day restrict on reverse repos.
Based mostly on cryptopressnews knowledge, Bitcoin surged to an intraday excessive of $116,318 forward of the assertion earlier than sharply reversing to $114,820 as merchants “offered the information.”
The decline was violent however short-lived, with Bitcoin recovering to $115,639 as of press time.
The fast swings emphasize how digital property stay extremely delicate to modifications in greenback liquidity and Fed coverage.
The speed lower was extensively anticipated however marked the Fed’s first coverage adjustment in months after conserving borrowing prices elevated. Markets had priced within the determination, although the velocity of Bitcoin’s response highlighted how merchants are positioning round shifts in financial situations.
Buyers at the moment are awaiting Chair Jerome Powell’s press convention later for additional steerage on whether or not the central financial institution may ship extra cuts earlier than year-end.
Shares additionally noticed volatility after the announcement, whereas Treasury yields edged decrease as bond markets priced in looser monetary situations. Bitcoin’s exaggerated strikes mirrored broader danger sentiment however with sharper intraday swings.
Bitcoin Market Knowledge
On the time of press 7:38 pm UTC on Sep. 17, 2025, Bitcoin is ranked #1 by market cap and the worth is down 0.8% over the previous 24 hours. Bitcoin has a market capitalization of $2.3 trillion with a 24-hour buying and selling quantity of $52.5 billion. Study extra about Bitcoin ›
Crypto Market Abstract
On the time of press 7:38 pm UTC on Sep. 17, 2025, the entire crypto market is valued at at $4.01 trillion with a 24-hour quantity of $157.69 billion. Bitcoin dominance is at present at 57.33%. Study extra concerning the crypto market ›
