Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates
September 18, 2025
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 96% chance of a 25-basis-point cut and a 4% probability of a larger 50-basis-point reduction. But markets wanted to see the real thing and though many said the cut had…