Bitcoin remains resilient as four central banks adjust policies in eight days

Bitcoin has maintained a price range between $75,000 and $77,000 amid a rare sequence of synchronized monetary policy decisions from four major central banks. The European Central Bank (ECB) raised its deposit rate to 2.50% on September 10. On September 16, the Federal Reserve (Fed) increased rates to 3.75-4.00%, marking its first hike since 2023. The Bank of England (BoE) opted for a status quo at 3.75% on September 17, while the Bank of Japan (BoJ) raised its key rate to 1.25% on September 18, reaching its highest level since 1995.