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

Top 10 DeFi Tokens in 2025: A Neutral Overview

Top 10 DeFi Tokens in 2025: A Neutral Overview

Market Insights
2025-12-24
15-20m
Solana to $1,000? Analyzing the 2030 Price Prediction & How to Trade the Trend Now

Solana to $1,000? Analyzing the 2030 Price Prediction & How to Trade the Trend Now

Market Insights
2025-12-24
5-10m
How to Choose a Crypto Derivatives Exchange for Hedging in 2025

How to Choose a Crypto Derivatives Exchange for Hedging in 2025

Market Insights
2025-12-19
5-10m
Beyond HODLing: How to Use Phemex’s New "On-Chain Earn" & "BTC Vault" for 2026

Beyond HODLing: How to Use Phemex’s New "On-Chain Earn" & "BTC Vault" for 2026

Phemex Products
2025-12-19
15-20m
Capture Early Alpha: Access 4 Trending Projects in Phemex's New Innovation Zone

Capture Early Alpha: Access 4 Trending Projects in Phemex's New Innovation Zone

Phemex Products
2025-12-18
3-5m
Top 10 Privacy Tokens in 2025: A Neutral Overview

Top 10 Privacy Tokens in 2025: A Neutral Overview

Research
2025-12-18
15-20m