Bitcoin holds near pre-Fed levels after Fed rate hike
Bitcoin was steady near its pre-Fed announcement levels around $76,000 on Wednesday after the Federal Reserve raised its benchmark rate for the first time since 2023 to address persistently high inflation.
Bitcoin held near its pre-Fed announcement level of around $76,000 on Wednesday, even after the US Federal Reserve raised its benchmark interest rate for the first time since 2023 to address persistently high inflation. The Federal Open Market Committee voted unanimously on Wednesday to raise rates.