{"id":28329,"date":"2025-09-15T13:55:02","date_gmt":"2025-09-15T13:55:02","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=28329"},"modified":"2025-12-29T11:44:31","modified_gmt":"2025-12-29T11:44:31","slug":"bitcoin-hits-three-week-high-while-awaiting-the-feds-decision","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/bitcoin-hits-three-week-high-while-awaiting-the-feds-decision\/","title":{"rendered":"Bitcoin Hits Three-Week High While Awaiting the Fed’s Decision"},"content":{"rendered":"\n

Bitcoin<\/strong> is attracting attention with its upward movement just days before the Fed’s interest rate decision<\/strong>. Here are the details: The price of Bitcoin (BTC)<\/a><\/em><\/strong> reached a three-week high of $116,757<\/strong> ahead of the US Federal Reserve (Fed)<\/strong> interest rate announcement.<\/p>\n\n\n\n

The Fed is set to release its highly anticipated interest rate decision on September 17 at 9:00 PM (Turkish time)<\/strong>. The market anticipates a 94.2% probability<\/strong> that the Fed will lower the interest rate to the 4% – 4.25% range<\/strong>. This expectation has had a positive effect on investment assets.<\/p>\n\n\n\n

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As of September 15 at 1:50 PM<\/strong>, Bitcoin<\/strong> is trading at $114,804<\/strong>. The recent gains for the flagship cryptocurrency have helped it recover from the sharp losses seen in August and September.<\/p>\n\n\n\n

While the expected drop in US interest rates<\/strong> is raising expectations for risky assets like Bitcoin<\/a><\/em><\/strong>, the Fed\u2019s focus on persistent inflation is increasing uncertainty. The Fed’s long-term strategy on interest rates in the world’s largest economy remains unclear.<\/p>\n\n\n\n

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