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Bitcoin (BTC) Rallies 4% After Fed's First Rate Hike Since July 2023

COINOTAG·September 19, 2026·1 min read
Bitcoin (BTC) Rallies 4% After Fed's First Rate Hike Since July 2023

Bitcoin rose 4% to near $81,309 after the Fed's first rate hike since July 2023 lifted the target range to 3.75%-4.00% with a 12-0 FOMC vote. The hike, despite being a tightening move, triggered a rally in BTC, surprising some traders.

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