Bitcoin, Ethereum and altcoins hold intraday gains after Fed hikes interest rates by 0.75% Post author:MiamiCrypto Post published:September 21, 2022 Post category:Bitcoin / Bond Yields / BTC/USD / Dollar / Federal Reserve / inflation / Interest rate / US Stocks In addition to a 0.75% basis point hike, the Federal Reserve also set its 2022 target interest rate at 4.4%, leading Bitcoin analysts to forecast further downside for BTC. You Might Also Like BlackRock’s IBIT purchases $107.8 million worth of Bitcoin October 24, 2025 Fed Chair Powell Reveals No Contact With Biden in 2 Years Amid Economic Challenges July 10, 2024 Bitcoin as corporate treasury: Why Meta, Amazon and Microsoft all said no June 20, 2025