logo
Rewards Hub

US Hikes Interest Rates By 75 Bps

september-22-daily-update

Main Takeaway: Cryptos & Equities Fall Following Fed Rate Hike

Both cryptos and traditional equities have fallen by around 3% following yesterday’s Fed rate hike. The next FOMC will be held in November, the last of 2022. This is the first year in over two years that the Fed and other global central banks continually raised rates. This may spook the markets and cause stagnated economic growth in the coming months.

Today’s Top Gainers

The top five performing coins on Phemex d-o-d are Celsius (CEL/USDT), Algorand (ALGO/USDT), Lazio Fan Token (LAZIO/USDT), Ceek VR (CEEK/USDT), and Chiliz (CHZ/USDT).


For any inquiries contact us at support@phemex.com
Follow our official Twitter | Join our community on Telegram
Trade crypto on the go: Download for iOS | Download for Android
Phemex | Break Through, Break Free
Sign Up and Claim 15000 USDT
Disclaimer
This content provided on this page is for informational purposes only and does not constitute investment advice, without representation or warranty of any kind. It should not be construed as financial, legal or other professional advice, nor is it intended to recommend the purchase of any specific product or service. You should seek your own advice from appropriate professional advisors. Products mentioned in this article may not be available in your region. Digital asset prices can be volatile. The value of your investment may go down or up and you may not get back the amount invested. For further information, please refer to our Terms of Use and Risk Disclosure

Related articles

Tax Season 2026: How to File Your Phemex Crypto Taxes

Tax Season 2026: How to File Your Phemex Crypto Taxes

Market Insights
2026-01-22
5-10m
"I Stopped Watching the Charts": 3 Traders on Finding Their 24h Advantage

"I Stopped Watching the Charts": 3 Traders on Finding Their 24h Advantage

Market Insights
2026-01-22
3-5m
EU Halts US Trade Deal, MrBeast Gets $200M Crypto Backing: What It Means for Markets

EU Halts US Trade Deal, MrBeast Gets $200M Crypto Backing: What It Means for Markets

Market Insights
2026-01-20
5-10m
How to Earn Zama ($ZAMA) on Phemex: A Complete Pre-TGE CandyDrop Guide

How to Earn Zama ($ZAMA) on Phemex: A Complete Pre-TGE CandyDrop Guide

Events
2026-01-21
5-10m
What Is 114514 Coin? How Japanese Internet Culture Created a 5,000% Crypto Surge

What Is 114514 Coin? How Japanese Internet Culture Created a 5,000% Crypto Surge

2026-01-19
5-10m
Managing Risk: How to Set Stop-Loss for Trading Bots

Managing Risk: How to Set Stop-Loss for Trading Bots

Phemex Products
2026-01-19
3-5m