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Crypto Markets Today: Altcoins Make Their Mark Before Fed Rate Decision
Yahoo Financeยท 2025-09-17 12:00
Bitcoin (BTC) rose to its highest point since Aug. 22 on Wednesday, reaching $117,300 before receding to $116,400. Much of Wednesday's excitement is yet to come, hinging on the Federal Reserve's interest-rate decision at 18:00 UTC and subsequent press conference. The Fed is expected to cut rates by 25 basis points, The early move was intriguing because it stopped at the same point as a notable "CME gap," the disparity between where bitcoin futures close on a Friday and open on a Sunday. With that gap no ...