Gate Crypto Flash News and Market Updates

According to BlockBeats, on September 17, Bitcoin recovered above $76,500, with 24-hour losses narrowing to 0.68%. Following expectations of Federal Reserve rate adjustments, the broader crypto market strengthened, with Ethereum surging to $2,430 and BNB rising above $720.

According to the Federal Reserve, the FOMC raised its 2026 PCE inflation forecast to 3.7% in September, up from the prior June projection of 3.6%. The central bank also revised its longer-term inflation expectations, with 2027 PCE inflation held at 2.3% and 2028 adjusted to 2.1%, compared to the previous forecast of 2%.

According to BlockBeats, on September 17, the Federal Reserve raised interest rates by 25 basis points. Spot gold declined sharply in response, falling over $50 to trade at $4,317.65 per ounce.

The Federal Reserve's latest FOMC economic projections show the central bank expects GDP growth of 2.1% in 2029.

According to ChainCatcher, the Federal Reserve's Federal Open Market Committee (FOMC) projected core CPI at 3.4% for 2026 and 2.5% for 2027 in its latest economic projections.

According to the Federal Reserve's latest projections, the U.S. core Personal Consumption Expenditures (PCE) inflation rate is expected to reach 3.4% for 2026, up from the previous June estimate of 3.3%. For 2027, the Fed projects core PCE inflation at 2.5%, unchanged from the prior forecast.

The Federal Reserve forecasts the U.S. unemployment rate at 4.1% for 2026, compared to its previous June estimate of 4.3%. For 2027, the central bank lowered its outlook to 4.1% from the prior forecast of 4.3%, and projects 4.1% for 2028 (down from 2.2%) and 2029. The long-term unemployment rate estimate remains unchanged at 4.2%.

According to the Federal Reserve's latest dot plot projections released today, 12 of 18 U.S. officials expect the Fed to raise rates by 25 basis points at least once more this year. Four officials forecast two additional rate hikes, while two expect no further increases in 2026.

According to the Federal Reserve's FOMC at its September 2026 meeting, the central bank raised its GDP growth forecasts for 2026 and 2027 to 2.3% and 2.4% respectively, up from the prior estimates of 2.2% and 2.3%. The forecast for 2028 remains unchanged at 2.2%.

According to ChainCatcher, the Federal Reserve held its policy rate ceiling at 4% on September 16, meeting market expectations. The decision followed the previous rate ceiling of 3.75%.

Ethereum broke through $2,400 today, rising 0.36% intraday.

The U.S. Federal Reserve raised its projection for the federal funds rate to 4.1% by the end of 2027, up from 3.6% in June, according to its latest economic projections released in September. The 50 basis point upward revision reflects the Fed's reassessment of inflation dynamics and economic conditions.

According to Hedera's announcement, Ownera's FinP2P protocol has integrated with Hedera to provide institutional-grade infrastructure for real-world asset tokenization. The collaboration aims to address fragmentation risks in tokenized markets, as highlighted by Ami Ben-David, CEO of Ownera. The integration is expected to enhance market stability and attract institutional participation in Hedera's ecosystem.

According to CNBC, Bitcoin surged above $81,000 with a gain exceeding 7% on April 9, 2025, following President Trump's announcement of a 90-day pause on reciprocal tariffs. The move was part of a broad market relief rally across equities and crypto. Solana and XRP both rallied approximately 10% the same day, according to CoinDesk. Bitcoin had fallen below $75,000 in the days preceding the announcement as tariff uncertainty weighed on risk assets globally.

According to the Federal Reserve's latest economic projections, the FOMC raised its median estimate for the federal funds rate at the end of 2026 to 4.1%, compared with 3.8% in June's forecast. The adjustment reflects a 30 basis point upward revision.

According to the Federal Reserve's latest decision, the FOMC raised the federal funds rate lower bound to 3.75% from the previous 3.5%, matching market expectations of 3.75%.

The U.S. reserve balance rate reached 3.9% as of September 17, matching expectations. The rate rose 25 basis points from the previous level of 3.65%, according to official data.

On September 16, ahead of the Federal Reserve rate decision, U.S. 10-year Treasury yields fell 5.53 basis points to 4.9446%, marking a session low. Two-year Treasury yields dropped 5.9 basis points to 4.6017%. Spot gold rallied 1.3% to $4,360.85, a session high. The S&P 500 rose 0.3%, the Nasdaq gained 0.6% with the semiconductor index up 1.5%, while the Dow remained flat and the banking index declined 0.6%.

DigiByte surged 9.47% in just 30 minutes today, with DGB reaching $0.00416. The asset recorded a 24-hour gain of 10.64% with trading volume of approximately $580,189.54 over the same period, signaling active market participation in the altcoin.

According to PhoenixTrade, highlighted by CryptoTwitter commentator @SolanaFloor, the trading platform has announced acceptance of Solana (SOL) as collateral for margin trading. Users can now back perpetual positions across crypto, equities, and commodities without requiring USDC. This integration enhances market accessibility for Solana holders and may increase liquidity on the platform.