Crypto week ahead: Bitcoin up 6% despite Fed hike to 4%
Bitcoin rose about 6% despite a Fed rate rise to 4.00%. Coming up: the SEC's tokenised-securities pilot, US jobs and durable-goods data and $89M of unlocks.
A rate hike from the US Federal Reserve has not knocked crypto off course. The Fed lifted its policy rate to 4.00% last week, yet Bitcoin finished the week about 6.1% higher and is trading between $84,000 and $85,800. Tighter monetary policy usually weighs on risky assets, so that resilience stands out.
The calendar for the week
- Monday, 22 September: pilot trading begins under the SEC's conditional five-year exemption for tokenised securities on public blockchains.
- Wednesday, 24 September: US initial jobless claims (the consensus is around 201K), along with Canadian retail sales and US new-home sales.
- Thursday, 25 September: US durable-goods orders and the Michigan consumer-sentiment index.
Tokens being unlocked
Roughly $89 million worth of tokens are due to unlock across three projects:
- Canton on 21 September, about $17.2M
- TON on 22 September, about $51.2M
- Humanity on 23 September, about $20.8M
An unlock releases previously locked tokens, often held by early investors or team members, into circulation. That adds supply that can be sold. It does not always mean the price falls, but anyone planning to hold a position through an unlock should know the date in advance.
DAO votes in progress
On the governance front, Lido DAO members are deciding on a $1.5 million LDO liquidity mandate. Uniswap is voting on an Arc L1 protocol extension, and CoW DAO is weighing a redesign of how its solver quotes work.
Bull run or not?
Some analysts read Bitcoin's 44% gain in the third quarter as evidence that a wider bull market may be taking shape. They also point out that institutions still describe themselves as "underweight crypto", even after fresh buying that included about $75 million of ether in the most recent reported purchases.
What it means for Indian traders
The US jobs and durable-goods numbers on Wednesday and Thursday are released during the Indian evening, and sharp swings around those releases are normal. If you have an open position, decide where your stop sits before the data comes out, not after. This is not financial advice.
This article is AI-assisted, educational and general in nature. It is not financial advice and never a guarantee of profit. Every trade is at your own risk on your own exchange. See our risk disclosure and editorial policy.
