Crypto rallies through the Fed's first rate increase since 2023

Bitcoin and Ethereum prices experienced an upward movement on Thursday, September 17, 2026. This crypto rally occurred following the Fed's decision to implement a rate increase. This action marks the first rate increase enacted by the Fed since 2023. Despite the monetary tightening, the cryptocurrency market responded positively, with prices for the leading digital assets moving up in the wake of the official announcement regarding the new interest rate adjustments by the central bank.