Workflow
Crypto Markets Today: Altcoins Make Their Mark Before Fed Rate Decision
Yahoo Finance·2025-09-17 12:00

Bitcoin (BTC) rose to its highest point since Aug. 22 on Wednesday, reaching 117,300beforerecedingto117,300 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 ...