Geopolitics Alpha

Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation

Published . Updated .

Bitcoin and ether whipsawed as the Federal Reserve delivered its first rate hike in more than three years.

Directly affected

  • No company is named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
IBIT———————
COIN———————
MSTR———————
MARA———————
TLT———————
IEF———————
RIOT———————
HOOD———————
SHY———————
SPY———————

Bitcoin and ether whipsawed as the Federal Reserve delivered its first rate hike in more than three years.

Source: The Block

United States Gasoline Fund (UGA) since this story, compared with the market

Since the first closing price after “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation,” United States Gasoline Fund (UGA) is -0.62%. The S&P 500 fund (SPY) is +0.52% over the same days, a -1.14% difference versus the market.

UGA
SPY

Who gains and who loses around United States Gasoline Fund (UGA)

Companies mentioned with this story

  • UGA United States Gasoline Fund

    United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    For “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • MOO Vaneck Etf Trust

    Vaneck Etf Trust (MOO) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IWM Ishares Tr

    For “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • HYG Ishares Tr

    For “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IEI Ishares Tr

    In “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation,” Ishares Tr (IEI) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XME Spdr Series Trust

    Spdr Series Trust (XME) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation.” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

United States Gasoline Fund (UGA)

“Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation” (16 Sep 2026) reaches United States Gasoline Fund (UGA) through this story.

For United States Gasoline Fund (UGA), the reason on file says Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Also listed, iShares S&P GSCI Commodity-Indexed Trust (GSG): Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Dates and price levels for United States Gasoline Fund (UGA)

DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.

A simple score for United States Gasoline Fund (UGA)

46 out of 100

“Bitcoin, ether swing after unanimous quarter-point Fed rate hike as Warsh takes aim at inflation” scores 46 out of 100. The score uses 1 sources, and 23 linked companies.