CoinDesk Podcast Network Crypto Markets Rise on Fed Dovishness | CoinDesk Daily
Sep 18, 2025
The Federal Reserve's recent 25 basis point cut has sent shockwaves through the crypto market, leading to a notable rally in Bitcoin and other major tokens. Excitement is brewing with the debut of XRP and Doge exchange-traded funds, alongside CME's plans for new options and futures. The SEC's relaxed listing rules open the door for more altcoin ETFs, potentially reshaping the investment landscape. Tune in for a lively breakdown of these pivotal developments!
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Dovish Fed Boosts Crypto Prices
- The Fed cut its benchmark fed funds rate by 25 basis points to 4%-4.25%.
- The dovish move pushed major crypto tokens higher, with Bitcoin reaching its highest level since August 17.
Major Tokens Also Rise
- Major tokens including Ether, Solana, and Dogecoin inched higher after the Fed's dovish projection.
- Bitcoin topped $117,900, marking the highest level since mid-August and signaling broad market upside.
New Spot ETFs And Derivatives Arrive
- Rex Osprey is launching the first U.S.-listed spot ETFs for XRP and Doge on September 18.
- The CME also plans to introduce XRP options and SOL futures on October 13, adding institutional derivatives to the market.