The first rate increase by the Federal Reserve since 2023 coincided with a broad but measured recovery in the cryptocurrency market. This rebound was driven more by expectations than by the limited increase in interest rates themselves.
The Federal Reserve unanimously raised the policy rate by 25 basis points to a range of 3.75% to 4.00%, while Bitcoin held near $76,000 and most major coins moved higher.
Since the rate hike was widely expected, and expectations point to only further limited tightening, markets treated it as a comforting event for markets rather than the start of a harsh new cycle.
This recovery remains fragile, and upcoming Federal Reserve meetings, inflation data, and ETF flows are likely to determine whether it turns into a sustainable uptrend or a short-term rebound.
#ParadigmDisclosesZECHolding
The Federal Reserve unanimously raised the policy rate by 25 basis points to a range of 3.75% to 4.00%, while Bitcoin held near $76,000 and most major coins moved higher.
Since the rate hike was widely expected, and expectations point to only further limited tightening, markets treated it as a comforting event for markets rather than the start of a harsh new cycle.
This recovery remains fragile, and upcoming Federal Reserve meetings, inflation data, and ETF flows are likely to determine whether it turns into a sustainable uptrend or a short-term rebound.
#ParadigmDisclosesZECHolding