The Federal Reserve raised its benchmark interest rate on Wednesday for the first time since 2023, lifting the target range by 25 basis points to 3.75% to 4.00% in a unanimous vote. Bitcoin b
The Federal Reserve raised its benchmark interest rate on Wednesday for the first time since 2023, lifting the target range by 25 basis points to 3.75% to 4.00% in a unanimous vote.
Bitcoin barely registered it. The price spiked briefly on the announcement, settled back near $75,500, and had recovered to around $76,300 later in the session, modestly higher over 24 hours.
