The Crypto Market Is Unfazed by the Impending Fed Rate Hike
By: Alexander Kuptsikevich
Published: Sep 14, 2026
Market Overview
The crypto market is currently stable, with Bitcoin showing signs of recovery. However, there has been a notable shift in inflows into Bitcoin ETFs, which have turned into outflows amid expectations surrounding Federal Reserve decisions. The total market capitalization of cryptocurrencies stands at approximately $2.65 trillion, reflecting a slight decrease of 2.2% from the previous week.
Bitcoin Performance
Bitcoin has recently rebounded to $77,660.96, supported by buyers at the end of the week. The cryptocurrency has gained nearly $1,000 since Monday, pulling back from the lower boundary of its consolidation range. Technical indicators suggest that a rise towards $80,000 is possible, although the market faces headwinds from a reassessment of monetary policy that appears to be becoming more hawkish.
ETF Inflows and Market Sentiment
After three weeks of significant inflows, the US spot Bitcoin ETFs have experienced net outflows totaling $462.7 million over the past week. In contrast, Ethereum ETFs have seen continued inflows for nine weeks, amounting to $197.1 million in the last week alone. Analysts suggest that for a new bull market in Bitcoin to be confirmed, the price must hold above $81,700, which aligns with the 365-day moving average.
Legislative Developments
In regulatory news, US President Donald Trump has been discussing the ethical standards outlined in the CLARITY Act, a bill aimed at regulating the crypto market. A crucial procedural vote on this bill is scheduled in the US Senate, which could significantly impact the future of cryptocurrency regulation.
Crypto Lending Growth
According to Artemis, the volume of crypto lending on Coinbase has reached a record high of $2.75 billion, driven by growth on Coinbase Layer 2 and contributions from platforms like Morpho and Aave.