CoinScoopFed Hikes Rates by 25bps; Bitcoin Remains Resilient
The Federal Reserve has raised interest rates by 25 basis points to a range of 3.75%-4%, signaling the potential for further hikes. Despite historical trends where such moves pressured Bitcoin, the asset saw only a minor 0.7% decline, quickly recovering from a dip to $75,000.
Summaries are written by AI from the original article. Not investment advice.