Fed Raises Rates to 3.75%–4.00%; Bitcoin Reacts Only Moderately
The Fed raised its rate by 25 basis points. After the announcement, Bitcoin traded volatilely around $75,000 without a clear, significant reaction.
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Bitcoin Falls Below $76,500 as Geopolitical Tensions and Higher Oil Prices Pressure Market
Bitcoin briefly fell below $76,500 on September 2. The move came amid escalating tensions in the U.S.-Iran conflict, rising oil prices and higher U.S. Treasury yields.
Bitcoin Holds Near $80,000 Ahead of Warsh Speech as SOL Gains More
Bitcoin traded around $80,000 during early Asian trading on August 28. The market also watched SOL rise and awaited Fed chief Kevin Warsh’s speech in Jackson Hole.