Bitcoin Edges Higher as Investors Reposition Post-Fed -- Market Talk
Dow Jones2026/09/17 00:560056 GMT - Bitcoin edges higher in the morning Asia session as markets digest an expected rate hike by the Fed. Bitcoin has remained relatively resilient, says Cooper Duschang at Talos, holding broadly around pre-announcement levels. Exchange flows suggest that rather than a uniform risk-off response, investors seem to be actively repositioning as they parse the Fed's messaging, the analyst says. Around 2,170 BTC moved onto exchanges following the rate increase, followed shortly afterward by a sizeable withdrawal of about 1,260 BTC, he notes. The question now is whether Bitcoin's resilience and spot demand will hold as attention shifts to the prospects for further tightening. Bitcoin is up 0.3% at $76,374, according to LSEG data. (fabiana.negrinochoa@wsj.com)
(END) Dow Jones Newswires
September 16, 2026 20:56 ET (00:56 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Industry doubts Democrats’ effort to restart talks on stalled CLARITY Act: ‘It’s all talk!’
Bearish to 159! Ahead of Friday's Bank of Japan decision, Wall Street strategists collectively bet on a weaker yen
The swap market has fully priced in expectations of a Bank of Japan rate hike. Strategists warn that if the central bank's hawkish stance falls short of estimates, it could trigger a sell-off in the yen, with the exchange rate potentially dipping towards the 159 level in the short term.
Iran’s IRGC claims attack on Togolese oil tanker for 'illegal transit' in Strait of Hormuz
RBA's Bullock: At August board meeting, risks to outlook were skewed to the upside
Crypto prices
More
