Bitcoin OGs dump over $100 million in BTC after hawkish Fed dents rate cut hopes
Airfind news item
By Omkar Godbole
Published on March 19, 2026.
Bitcoin's largest early holders, known as original gangsters, have dumped over $100 million in the cryptocurrency after the Federal Reserve downplayed expectations for lower borrowing costs. At least two long-term holders together dumped over 1,650 BTC worth over $117.87 million early Thursday. The decline followed a hawkish Fed rate decision, which left the benchmark borrowing cost unchanged in the 3.5%–3.75% range but indicated a slower pace of rate cuts. The broader market also saw losses, with the CoinDesk 20 Index dropping 3% to 2,056 points. The Fed's interest‑rate "dot plot" indicates where the voting members expect interest rates to land in the months ahead.
Read Original Article