Bitcoin held at $117,000 after Fed rate cut and approval of new SEC standards

10:46 - 18.09.2025


September 18, Fineko/abc.az. Bitcoin stabilized on Thursday, and the broader crypto market rose after the Federal Reserve cut interest rates and signaled further monetary policy easing, which was broadly in line with market expectations.

ABC.AZ reports that cryptocurrency markets are also encouraged that the U.S. Securities and Exchange Commission has approved new listing standards for exchange-traded products, opening the door to more funds tracking cryptocurrencies.

However, caution regarding the Fed's forecasts for the economy and inflation, combined with ongoing doubts about corporate cryptocurrency treasuries, has limited overall growth in the cryptocurrency markets.