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The Federal Reserve raises interest rates for the first time since 2023, and Bitcoin's response is

2026-09-17 06:38:39
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Fed raises interest rates for the first time, Bitcoin prices stabilize after brief fluctuations

On Wednesday, the Fed unanimously voted to raise its benchmark interest rate by 25 basis points to 3.75% to 4.00%, the first rate hike since 2023.

Market response was flat

Bitcoin responded coldly to this news. After the announcement, the Bitcoin price briefly surged higher before falling back to around $75,500. In the second half of the trading session, prices rebounded slightly to about US$76,300, a slight increase from the previous session's close.

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