Gate Research: Fed Rate Hikes Weigh on Risk Sentiment, BTC and ETH Continue to Consolidate

• Stock Market Commentary: The Federal Reserve raised interest rates by 25 basis points for the first time in three years, pushing U.S. Treasury yields higher and weighing on global risk appetite. U.S. equities broadly declined over the week, Hong Kong stocks remained weak and range-bound, while South Korean equities staged a technical rebound led by semiconductor heavyweights.
• Crypto Market Commentary: BTC and ETH fell approximately 2.69% and 2.03%, respectively, over the past seven days, with their short-term technical structures weakening. Market liquidity remained concentrated in major crypto assets, while stablecoin supply continued to expand but has yet to translate meaningfully into incremental spot-market buying.
• Key Data Highlights: The launch of the Arc mainnet, rapid TVL growth in Zama’s privacy vaults, and Solana’s txv1 upgrade indicate that institutional stablecoin adoption, privacy-focused DeFi, and high-performance blockchain infrastructure remain key areas of industry development.
• Focus This Week: The Federal Reserve’s rate hike became the key macro driver for risk assets. Meanwhile, progress on U.S. digital asset market structure legislation stalled while the digital asset tax framework advanced, with crypto regulation continuing to evolve through both legislative and administrative rulemaking channels.
• What to Watch Next Week: Major token unlocks over the next seven days are estimated at approximately $48 million, concentrated in ZRO, BR, and KAITO. BR and KAITO have relatively high unlock ratios, making the impact of new supply on market liquidity and price volatility particularly important to monitor.

Discover more details today → Gate Research: Fed Rate Hikes Weigh on Risk Sentiment, BTC and ETH Continue to Consolidate

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Disclaimer

Investing in cryptocurrency markets involves high risk. Users are advised to conduct their own research and fully understand the nature of the assets and products before making any investment decisions. Gate is not responsible for any losses or damages arising from such decisions.

Gate Team
September 17, 2026

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