WorldPingFed raises rates by 25 basis points in first hike since July 2023
The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingThe Federal Reserve delivered the hike Wall Street had almost unanimously priced in.
Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.
When each newsroom published on this story, oldest first — all times UTC.
Bitcoin ETFs Had Their Worst Day Since June Following Failed Clarity Act Vote
Bitcoin Price Holds $75,500 as Traders Price In Fed Rate Hike
Fed raises rates by 25 basis points in first hike since July 2023
After Years of Holds and Cuts, the Fed Just Raised Rates Again
Fed Hikes Rates for the First Time Since 2023, Bitcoin Spikes
The original report was published by Decrypt. WorldPing does not claim that reporting — this page summarises and contextualises it.
Read the full report at DecryptLiving hubs that keep updating as this story develops.
WorldPingThe widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingFed committee votes unanimously to raise interest rate by a quarter-percentage point to a range of 3.
Brief by WorldPing · Original reporting by The Guardian
The US Federal Reserve's hike decision comes on the back of persistent inflation and a broader increase in global borrowing costs. Inflation has remained stubbornly elevated, while borrowing costs around the world have moved higher.
Brief by WorldPing · Original reporting by Times of India
WorldPingBitcoin, Ethereum, and XRP ETFs shed roughly $593 million combined Tuesday, their heaviest single-day drawdown since June.
Brief by WorldPing · Original reporting by Decrypt
WorldPingThe Federal Reserve just did something it hadn’t done in 1,148 days: raise interest rates. The Federal Open Market Committee (FOMC) voted 12-0 to lift the federal funds target range by a quarter percentage point to 3.
Brief by WorldPing · Original reporting by Bitcoin.com
WorldPingBitcoin’s price oscillated between $75,000 and $76,000 following a market slide triggered by the failed passage of the CLARITY Act in Congress.
Brief by WorldPing · Original reporting by Bitcoin.com