Bitcoin Consolidates Near $76K as Tech Stocks Rally Following Fed Rate Hike

Bitcoin is consolidating around $76,000 while Ethereum trades near $2,450 following a market rebound led by technology stocks after the Federal Reserve's first rate hike in three years. The Fed raised rates to a 3.75%-4% range, initially causing volatility before markets recovered. Crypto market sentiment has improved, with the Fear and Greed Index rising to 56. Over the past 24 hours, $203 million in contract liquidations occurred, primarily affecting short positions.