Crypto rallies through the Fed's first rate increase since 2023

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: CoinDesk
Crypto rallies through the Fed's first rate increase since 2023WorldPing
Image via CoinDesk.

What happened

Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike.

Zcash jumped 23% to a record after Paradigm disclosed a stake.

Key facts

  • Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike.
  • Zcash jumped 23% to a record after Paradigm disclosed a stake.
  • Reported by CoinDesk and published Thu, 17 Sep 2026 10:40:01 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Zcash jumps 23% as bitcoin and major tokens rise despite Fed’s first hike since 2023

  2. Bitwise CIO Hougan revises Clarity Act outlook, says crypto bull market may continue without legislation

  3. French Court Rejects Emergency Bid to Halt EU Crypto Data Rules

  4. Crypto rallies through the Fed's first rate increase since 2023

  5. Optimism creeps back into crypto, with the 2022 test still to come

  6. Bitcoin’s Realized Cap contracts for the first time in a month as BTC price faces a $71,300 risk

  7. Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023

Sources

The original report was published by CoinDesk. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at CoinDesk

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