Brind.
  1. Bitcoin ETF outflows and pro-crypto messaging regarding the CLARITY Act.
  2. Major figures including Donald Trump, Elon Musk, and Mark Cuban have made statements regarding the future of cryptocurrency, including promises about U.S. crypto capital and market movements.
  3. Trump, Scott Bessent, and PayPal are involved in discussions and actions regarding a strategic Bitcoin reserve and crypto purchases.

Fed Raises Rates by 25 Basis Points; Bitcoin Trades Near $77,000

16 reports, 11 independent Updated Sep 17
Gone quiet Reached 3 outlets in its first 24 hours
Reports
16
Developments
12
Repetition
62%

New informationRepeats or wire copies

AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Well supportedReported by 11 independent outlets

The U.S. Federal Reserve announced it would raise interest rates by 25 basis points in an effort to lower inflation. This move raises the Fed Funds Rate to a range of 3.75% to 4%. The central bank also signaled that another 25-basis point rate hike is likely this year due to inflation running above 3%. On September 17, Bitcoin was trading near $77,000 after having fallen close to $75,000.

From baystreet.ca

Why it matters

Some supportBrind's analysis of the reports

The rate hike was expected to be negative for risk assets like stocks and crypto. However, digital assets were rising alongside stocks following a relief rally after the Fed and its Chair asserted their independence and acted decisively on inflation. President Donald Trump has publicly called for the central bank to slash its trendsetting Federal Funds Rate to 1% to stimulate the American economy.

Trump, Scott Bessent, and PayPal are involved in discussions and actions regarding a strategic Bitcoin reserve and crypto purchases.

From baystreet.ca

Who's involved

  • BitcoinDigital cash system and associated currency
  • FEDBusiness organization whose policy is under market scrutiny
  • Donald TrumpAmerican businessman and politician who pressures the FED on policy

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • BitcoinSpeculative

    Bitcoin's price could be influenced by shifts in monetary policy and political endorsements.

How it developed

Newest first. Tap a step to see who reported it.
  1. Trump meets Gulf leaders regarding Iran, while the Iranian delegation participates in the UN Assembly amid calls for de-escalation.Sub-event
  2. Market sentiment shifts and rallies occur as calls for FED rate slashes gain traction.1 source
  3. Trump's presidency has introduced geopolitical tension and tariff wars, while Strategy's unrealized losses are weighing on Bitcoin.Sub-event
  4. Fed support increases liquidity for crypto, while China and Japan utilize indirect ETF purchases amid warnings from market analysts like Peter Schiff.Sub-event
  5. Bitcoin, Solana, and other cryptos rallied on dovish signals from the FED, supported by market optimism and Trump's views on AI standards.Sub-event
  6. Trump defended digital assets as money and commented on the Fed board.1 source
  7. Trump reported a $1.2B gain from crypto businesses as the Fed signals inflation focus.1 source
  8. Following an executive order, various financial institutions announced their stances on Bitcoin ETFs, ranging from full prohibition to limited access.Sub-event
Show 4 earlier steps
  1. Trump's pledge to unleash oil and gas is reported to benefit stocks, involving BTCS Inc.Sub-event
  2. Trump's pro-crypto stance combined with FED dovish signals fuels anticipation of a strategic Bitcoin reserve.1 source
  3. New executive order permits Bitcoin in retirement plans; Bessent suggests Fed easing.1 source
  4. Trump promised crypto would be a national priority, boosting optimism for digital coin bills.1 source

Keep exploring

Part of

Trump, Scott Bessent, and PayPal are involved in discussions and actions regarding a strategic Bitcoin reserve and crypto purchases. All 2 developments

Within Bitcoin ETF outflows and pro-crypto messaging regarding the CLARITY Act.

The entities involved

Related events

Coverage

Newest first; wire copies grouped
  • baystreet.ca
  • yahoo.com
  • cointelegraph.com
  • investinglive.com
  • coinspeaker.comFOMC Volatility Hits Crypto: Why Smart Money Is Hedging
  • yahoo.comTrump made a big Bitcoin push. Investors aren't biting
  • yahoo.com
  • mankatofreepress.com
  • bravenewcoin.com
  • ianslive.in
  • ZacksBitcoin Hits Record High: ETFs in Focus Bitcoin recently rose above $124,000, hitting a fresh record as institutional buying and expectations of looser monetary policy in the United States fueled the
  • DLNewsBitcoin breaks new record as analysts anticipate surge to $200,000 Bitcoin surged to a new record trading at $124,529 on Coinbase on Wednesday evening, but market watchers are already anticipating an
  • Zacks3 Crypto-Centric Stocks to Grab Before Bitcoin's Next Rally The cryptocurrency market bounced back on Thursday, with Bitcoin (BTC) rallying past $116,000 after having given up some of the gains over
  • Insider MonkeyTeraWulf (WULF) Surges 7.8% on Investor Optimism for Digital Coins Bills Passage We recently published 10 Stocks Exploding Higher: Bitcoin Miners Dominate the List. TeraWulf Inc. (NASDAQ:WULF) is one
2 more outlets ran the same wire story