Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates
September 18, 2025
The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024.
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Fed Cut Sends Bitcoin Above $116K, but Not for Long
Wednesday’s interest rate cut by the U.S. Federal Reserve wasn’t much of a surprise, after all, just minutes before the announcement, the CME Group’s Fedwatch Tool showed a…