Bitcoin Rallies Following Fed's First Rate Hike Since 2023
Bitcoin held near $76,000 as the market reacted to the Federal Reserve's 25bps rate hike. While Treasury yields eased, Zcash reached new highs. The report also covers the future path of Fed policy and ongoing regulatory efforts by the SEC and CFTC following the stall of the CLARITY Act.
Summaries are written by AI from the original article. Not investment advice.