Bitget UEX Daily: Bitcoin rises to $81,700; Brent crude holds at $103; crypto and chip stocks lead gains
The Federal Reserve raised interest rates by 25 basis points to 3.75%–4.00% on September 16, with officials signaling potential further hikes. Minneapolis Fed President Neel Kashkari noted persistent inflationary pressures. Geopolitical tensions in the Middle East have kept Brent crude above $100, impacting costs across various industries. Meanwhile, Bitcoin reached $81,711, and Ethereum traded at $2,680. Major tech stocks showed mixed results, while crypto-related equities like MicroStrategy, Coinbase, and Robinhood saw significant gains.
Summaries are written by AI from the original article. Not investment advice.