Bitcoin Holds $76K After Fed Rate Hike
12 Articles
12 Articles
Fed raises interest rates, Bitcoin doesn't back down 🟠 Bitcoin is holding above $76,000 following the Fed's 25 basis point interest rate hike. ⚖️ Net purchases of $15.5 million in the spot BTC market partially offset selling pressure in derivatives trading. 📉 A total of $746.3 million flowed out of US spot Bitcoin ETFs in the last two trading days. 🏦 Analysts noted that a possible new interest rate hike later in the year could increase pressu…
Bitcoin price rose 1.04% to US$76,331 after the Fed raised interest rates by 25 bps to 3.75%–4%.
Bitcoin Holds at $76,200 After Fed's First Rate Hike Since 2023
Bitcoin didn’t flinch much. The Federal Reserve raised interest rates by 25 basis points, pushing its target range to 3.75%–4.00%,… Read the original on Bitcoin Stays Steady at $76,200 After Fed’s First Rate Hike Since July 2023. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
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