Bitcoin holds $76.5K, Ethereum recovers to $2,428 as market digests Fed rate hike

Following the Federal Reserve's 25 basis point rate hike, the crypto market saw a mild rebound. Bitcoin (BTC) stabilized around $76,342, while Ethereum (ETH) recovered to $2,418. Market sentiment has cooled, with the Fear and Greed Index dropping to a neutral 50. Data from CoinGlass shows $335 million in liquidations over the past 24 hours, with short positions slightly outweighing longs. Investors remain cautious as the Fed signals a hawkish stance on future interest rates.