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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Crypto – European Wrap 17 September

Ethereum Price Forecast: ETH holds steady above $2,400 despite 25 bps rate hike

The Federal Reserve (Fed) hiked interest rates by 25 basis points on Wednesday, the first time in three years. The move pushed the federal funds target rate to 3.75-4.00%, as market participants largely anticipated. With both producer and consumer inflation ticking higher last week, investors had priced in the move as expectations of a hike jumped above 90% on the CME FedWatch tool before the Federal Open Market Committee (FOMC) sat down.

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Bitcoin treasuries buy just 5.9K BTC in three months as paper losses linger

Onchain analytics platform Glassnode reveals that in 2026, listed companies bought around 5,900 BTC — less than 7% of their purchases in July 2025 alone. During that month, companies bought 89,000 BTC, even as BTC/USD traded above $100,000.

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Crypto Today: Bitcoin, Ethereum, XRP stabilize defying macro headwinds and ETF outflows

Bitcoin (BTC) is showing resilience, trading up above $76,000 on Thursday. The uptick follows the United States (US) Federal Reserve (Fed) decision that hiked interest rates the day before. Meanwhile, Ethereum (ETH) gains momentum toward $2,500, suggesting the return of bulls as macro headwinds settle. Ripple (XRP), on the other hand, remains stable, trading around $1.30, reinforced by short- to medium-term moving averages.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.