Crypto Rally Extends After Fed Hike Signals Limited Tightening and Bitcoin Climbs Higher

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September 17, 2026 · 12:38 PM

Crypto Rally Extends After Fed Hike Signals Limited Tightening and Bitcoin Climbs Higher

TL;DR: Bitcoin rose to $76,621 after the Fed raised rates 25 basis points, as traders focused on projections showing only one additional hike ahead. Crypto futures open interest climbed to $64.4 billion, suggesting traders added exposure rather than simply covering short positions during the broad market rebound. Spot Bitcoin ETFs posted heavy outflows, with more ... Read more

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