After the Fed raised interest rates by 25 basis points, Bitcoin rebounded to $76,400

Odaily reports that the Federal Reserve unanimously approved a 25 basis point rate hike on Wednesday, raising the federal funds rate target range to 3.75% to 4.00%, the first rate hike since 2023.

After the decision was announced, Bitcoin was quoted at $75,700 at one point, then rebounded to $76,400; ETH was quoted at $2,440, and SOL at $100. ZEC rose 12% to $1,360, while NEAR, LIT, and VVV all posted double-digit gains. (Decrypt)