Bitcoin surged past $87,000 following the Federal Reserve's interest rate increase to 3.75%-4.00% on September 16, defying expectations that higher rates would dampen risk assets. After initial outflows from US spot Bitcoin ETFs around the rate hike, these funds saw a net inflow of about $2.65 billion over the next five sessions, signaling renewed investor demand. Corporate filings also revealed significant Bitcoin purchases during this period. Analysts suggest the rally was fueled by a mix of ETF demand and short covering, though Bitcoin's price fell back toward $84,000 shortly after, indicating a complex interplay of buying and selling pressures. Investors should watch ongoing ETF flows, open interest trends, and corporate disclosures to better understand future price movements.
Bitcoin's rally after the Fed rate hike provides context for cryptocurrency market activity. For readers following crypto, here is Pluang's market snapshot as of Sep 24, 2026 17:21 WIB: out of 50 major cryptocurrencies priced on Pluang, 6 rose and 43 fell today. Notable movers include ONE at Rp43 with a -24.48% change and 60% buy order activity, SNX at Rp4,127 down 11.87% with 72% buy orders, and SUSHI at Rp4,351 down 11.79% with 47% buy orders.
ATERRA Metals announced its first inferred mineral resource estimate for the Totora Copper-Gold Project in Chile, totaling 159.8 million tonnes grading 0.30% copper and 0.15 g/t gold, equivalent to 1,067 million pounds of copper and 793,000 ounces of...
Bitcoin experienced two pullbacks from its September 23 high, leading to a more than 20% contraction in open interest across Bitcoin, Ether, HYPE, and ZEC. This indicates a significant deleveraging phase in the derivatives market, with funding rates ...
Mesmo has expanded the Cardano Client Library beyond Java by creating native bindings that allow applications in Python, Go, Rust, and JavaScript to access key Cardano wallet, cryptographic, transaction, and governance functions without needing a Jav...
Bank of America has been upgraded to a buy rating as its stock trades nearly 20% below fair value following a sharp selloff in Q3. The bank reported strong Q2 results with $1.21 GAAP EPS and $31.6 billion in revenue, driven by net interest income and...
Scottie Resources Corp. announced a private placement offering to raise up to C$10 million by selling 3,448,275 shares at C$2.90 each, with an option to raise an additional C$2 million. Alongside an amended non-brokered private placement of C$17 mill...
