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via crypto.news · By crypto.news Editorial
Bitcoin rallied after a Fed hike. Who bought it?
BTC
BTC/USDT
$84,301.99
-0.04%
$84,301.99
-0.04%
(24s)24h Volume
$15,149,121,569.85
24h H/L
$85,255.00 / $83,183.00
Change: $2,072.00 (2.49%)
Long/Short
58.3%
Long: 58.3%Short: 41.7%
Funding Rate
+0.0008%
Longs pay
Data provided by COINOTAG DATALive data
CE
crypto.news Editorial(10:18 AM UTC)
1 min read
Bitcoin climbed past $87,000 after a rate increase that should have made risk harder to own. The public record identifies several sources of demand, but it cannot put a name to every buyer or turn fund inflows into a complete account of the rally.
Summary
- The Fed raised its target range to 3.75% to 4.00% on September 16.
- US spot Bitcoin ETFs lost…
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