Bitcoin stabilizes near $76,500 as US stocks rebound following Fed rate hike

Bitcoin (BTC) recovered above $76,500 in pre-market trading on September 18 after briefly dipping below $76,000 following the Federal Reserve's decision to raise interest rates by 25 basis points to a range of 3.75%-4.00%. US stocks also rebounded, with the S&P 500 rising 0.9% and the Nasdaq Composite gaining 1.5%. CryptoQuant noted that while the long-term trend remains bullish, macroeconomic headwinds are impacting short-term momentum, with the firm's Bull Score dropping from 80 to 60. Analysts suggest monitoring support levels at $70,000 and the $62,000-$65,000 range.