The Tape
Markets, money, and the policy that moves them.
Sunday, November 8, 2026 · UTC
The Markets

Fed raises rates for first time since 2023 as Bitcoin climbs

The U.S. Federal Reserve hiked interest rates for the first time since 2023, and the bitcoin price settled about 1% higher over the following 24-hour period.

Priya Anand
Markets Analyst
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As of 2026-09-18 01:00 UTC. Market figures are as the cited sources reported them at that time and may have moved since. This is news, not investment advice.
The U.S. Federal Reserve hiked interest rates for the first time since 2023, and the bitcoin price settled about 1% higher over the following 24-hour period. [1]