Grayscale: Fed's 25-basis-point rate hike unlikely to significantly impact Bitcoin

Grayscale Research suggests that the Federal Reserve's recent 25-basis-point interest rate hike will have a limited impact on Bitcoin and the broader crypto market. The firm characterizes the move as a mid-cycle adjustment rather than a major cyclical policy shift, noting that it expects only one or two additional hikes in 2026. Grayscale contrasts this with the aggressive tightening campaign seen between 2022 and 2023, arguing that the current, smaller-scale adjustments are unlikely to drive significant changes in capital allocation.