Big questions remain if the Fed’s rate increase is a one-off or the start of a longer hiking cycle
Chair Kevin Warsh hints that he will support further rate hikes until they become restrictive
Bitcoin and Ethereum prices moved up on Thursday, September 17, 2026, following the Federal Reserve's decision to raise rates for the first time in three years. Bitcoin opened at $76,143.81, up 0.7% from Wednesday's opening, and reached $76,264.91 by 7:23 a.m. ET. Ethereum opened at $2,416.14, also up 0.7% from Wednesday, and hit $2,432.60 by 7:23 a.m. ET.
Both cryptocurrencies surpassed their previous opening prices and continued to rise in early trading. This price surge comes despite a recent setback, partly due to the CLARITY Act's failure in the Senate. Despite this, Bitcoin and Ethereum are holding onto monthly gains of 21.2% and 28.9%, respectively. Bitcoin's all-time high was $126,198.07 on October 6, 2025, while its low was $0.04865 on July 14, 2010.
Ethereum's all-time high was $4,953.73 on August 24, 2025, with a low of $0.4209 on October 21, 2015.
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- Crypto rallies through the Fed's first rate increase since 2023 coindesk.com
- Big questions remain if the Fed’s rate increase is a one-off or the start of a longer hiking cycle businesstimes.com.sg
- Bitcoin and ethereum prices today, Thursday, September 17, 2026: Crypto prices move up following Fed's rate increase finance.yahoo.com
