Bitcoin consolidates near $78,000 as investors await key US inflation, Fed cues
- Bitcoin traded near $79,100 on Wednesday, consolidating within a narrow range as investors await U.S. inflation data and the Federal Reserve's interest-rate decision.
- Macroeconomic conditions are driving current market pressure, with analysts noting that data releases will determine the direction of the next crypto move.
- Bitfinex analysts report that leverage has accumulated on both sides of the range, with a large long-liquidation cluster below $76,000 creating potential for a downside break.
- Rising 10-year Treasury yields have increased the risk-free return, pressuring non-yielding assets, while higher oil costs add pressure on inflation expectations.
- Institutional demand provided support during recent consolidation, with U.S.-listed spot Bitcoin ETFs recording $986.7 million in net inflows during the week ending Sept. 4, according to Farside Investors.
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101 Articles
US Fed Rate Hike Rocks Thailand: Baht Drops and Gold Slips
BANGKOK – The US Federal Reserve recently raised interest rates to fight off stubbornly high inflation across America. This major financial move sends strong economic ripples across the globe, and Thailand is definitely feeling the impact. For Thai citizens and local businesses, the effects of this policy change are now showing up in daily life. […] <p>The post US Fed Rate Hike Rocks Thailand: Baht Drops and Gold Slips first appeared on Chiang R…
Thursday, September 17, 2026: The Club's breaks down the AI trade after the Fed's first rate hike since 2023
Go behind the scenes with Jim Cramer and Jeff Marks of the CNBC Investing Club as they talk candidly about the market's biggest headlines, analyst calls and holdings in the Charitable Trust—and see up close how they decide when, and if, to take action on stocks.
The bitcoin operates close to US$ 76 thousand this Thursday (17), after the Federal Reserve (Fed) raise American interest by 0.25 percentage point, to the range of 3.75% to 4%. At around 11:15, the bitcoin advanced 0.7% in 24 hours, to US$ 76,857.25, according to CoinGecko. In Brazil, the cryptocurrencies were traded to R$ 396,940.83, with a discharge of 0.77%, according to the CoinTrader Monitor. The BTC came close to US$ 75 thousand after the …
Interest rate policy remains an important factor, but it is not the only driver of the crypto market.
Bitcoin Holds $76K After Fed Rate Hike
Bitcoin held near its pre-Fed announcement levels of around $76,000 on Wednesday despite the US Federal Reserve raising its benchmark interest rate for the first time since 2023 to address persistently high inflation. The Fed’s Federal Open Market Committee on Wednesday voted unanimously to raise rates by 25 basis points to a target range of […]
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