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Forex

Bitcoin Stagnates as Fed and ECB Rate Decisions Loom

Guavy AI Editorial Team
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The Bitcoin price has been hovering around $79,600 on September 7, 2026, after falling to a low of $76,700 on September 5 and briefly returning above $80,000.

The Federal Reserve's decision on interest rates is set for September 16, with the probability of a hike now back at around 50% after Governor Christopher Waller's cautious comments.

The European Central Bank (ECB) also raised its deposit rate to 2.25% in June and may increase it again in September, citing rising energy prices.

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