CoinScoopBitcoin holds at $75,000 as Federal Reserve implements first rate hike in three years
The U.S. Federal Reserve raised interest rates by 0.25 percentage points to a range of 3.75%–4.00% during the September 16 FOMC meeting. This marks the first rate hike since July 2023, approved by a unanimous 12-0 vote. Bitcoin has maintained its position in the $75,000 range following the announcement.
Summaries are written by AI from the original article. Not investment advice.