Geopolitics Alpha

Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023

Published . Updated .

The Clarity Act failed to pass and FOMC hiked rates, and yet, crypto majors are green and alt leaders are flying. What does it mean?

Directly affected

  • CRCW Crypto

    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
CRCW———————
IBIT———————
COIN———————
MSTR———————
MARA———————
TLT———————
IEF———————
RIOT———————
HOOD———————
SHY———————
SPY———————

The Clarity Act failed to pass and FOMC hiked rates, and yet, crypto majors are green and alt leaders are flying. What does it mean?

Source: Decrypt

How far Direxion Daily Financial Bull 3X Etf (FAS) has moved since 17 Sep 2026

Since the first closing price after “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023,” Direxion Daily Financial Bull 3X Etf (FAS) is -5.22%. The S&P 500 fund (SPY) is +0.65% over the same days, a -5.88% difference versus the market.

FAS
SPY

Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)

Companies tied to this story

  • FAS Direxion Daily Financial Bull 3X Etf

    Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence in the 17 Sep 2026 story “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023.” Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BITW Bitwise 10 Crypto Index ETF

    Bitwise 10 Crypto Index ETF (BITW) is linked, with no stored direction, medium confidence in the 17 Sep 2026 story “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023.” Reason on file: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BLOX Nicholas Crypto Income Etf

    For “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023,” Nicholas Crypto Income Etf (BLOX) is linked, with no stored direction, medium confidence. Reason on file: GA selected BLOX as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EZPZ Franklin Crypto Trust

    For “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023,” Franklin Crypto Trust (EZPZ) is linked, with no stored direction, medium confidence. Reason on file: GA selected EZPZ as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FDIG Fidelity Crypto Industry And Digital Payments Etf

    Fidelity Crypto Industry And Digital Payments Etf (FDIG) is linked, with no stored direction, medium confidence in the 17 Sep 2026 story “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023.” Reason on file: GA selected FDIG as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • GDLC Grayscale CoinDesk Crypto 5 ETF

    For “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023,” Grayscale CoinDesk Crypto 5 ETF (GDLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected GDLC as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Direxion Daily Financial Bull 3X Etf (FAS)

On 17 Sep 2026, “Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023” is the story that connects Direxion Daily Financial Bull 3X Etf (FAS) to this story.

The link for Direxion Daily Financial Bull 3X Etf (FAS) is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

A second company, Bitwise 10 Crypto Index ETF (BITW), is listed for a different reason: GA selected BITW as a RELATED security because its canonical security name directly matches this event's themes: crypto. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Dates and price levels for Direxion Daily Financial Bull 3X Etf (FAS)

BITW traded between 51.43 and 56.92 across 20 sessions. The latest close on file is 52.47. BLOX traded between 11.35 and 15.12 across 20 sessions. The latest close on file is 11.52. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93.

How strong the case is around Direxion Daily Financial Bull 3X Etf (FAS)

46 out of 100

“Morning Minute: Crypto Rebounds After The Fed’s First Hike Since 2023” scores 46 out of 100. The score uses 1 sources, and 6 linked companies.