Bitcoin Holds $115K Support as Fed Cuts Rates by 25 Basis Points
Yahoo Finance·2025-09-17 23:44
Bitcoin price found support above $115,000 on Wednesday, September 17, as markets absorbed the US Federal Reserve’s latest move. The Fed opted to cut rates by 25 basis points from 4.50% to 4.25%, a smaller reduction than the 50 basis points widely expected. The decision followed overheated consumer inflation data last week, leaving speculative traders uncertain about US monetary policy direction for the coming quarters. However, the Federal Open Market Committee (FOMC) called for caution in its accompanyi ...