Bitcoin's price increased roughly 13% from around $75,600 on the day of the Federal Reserve's rate hike on September 16 to about $85,500 by October 2. The Fed raised its target interest rate range by 0.25% to 3.75%-4%, a unanimous decision by its policy committee. While the price rise is notable, it is not confirmed that the rate hike directly caused the increase. The Federal Reserve's next meeting is scheduled for October 27-28, which investors will watch for further policy updates.
Bitcoin's price change following the Federal Reserve's rate hike is notable context for readers. For those tracking cryptocurrency markets, as of October 2, 2026, 36 out of 50 major cryptocurrencies on Pluang rose while 13 fell. Among the top gainers were EOS with an 8.13% increase, Enjin Coin up 7.74% with 100% buy orders, and Basic Attention Token rising 6.69%, as recorded at 18:31 WIB.
Warren Buffett has stepped down as chairman of Berkshire Hathaway after leading the company for 61 years and delivering an impressive annual return of 19.7%. This marks the end of an era for the investment giant, raising questions about the future le...
Rivian reported a 46% year-over-year increase in vehicle deliveries for Q3, delivering 19,248 units compared to 13,201 last year, surpassing Wall Street expectations of 18,000 units. The company reaffirmed its 2026 delivery guidance of 65,000 to 70,0...
Jefferies reports that European soft drinks value growth slowed to 4.6% in early September from 12.0% previously, driven by a sharp moderation in volume growth to 1.4% from 9.2%. Price and mix contributions increased slightly, supported by favorable ...
Ripple transferred 35 million XRP, worth about $52.4 million, to an unlabeled wallet early Oct 2. The receiving wallet quickly moved 6.5 million XRP onward within hours, but the owners remain unknown. This activity follows Ripple's monthly escrow rel...
Simon Property Group and Agree Realty present attractive investment opportunities with yields over 4% and potential for double-digit total returns amid sector challenges from rising bond yields. Simon Property benefits from a strong A-rated balance s...
