After Years of Holds and Cuts, the Fed Just Raised Rates Again

Crypto Insight Summary: The Federal Reserve just did something it hadn’t done in 1,148 days: raise interest rates. The Federal Open Market Committee (FOMC) voted 12-0 to lift the federal funds target range by a quarter percentage point to 3.75%-4%, marking the first increase since July 26, 2023. That ends a stretch of more than three years without […] Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Major Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hikes typically cause risk-off sentiment, pressuring crypto markets.