Bitcoin Hits $76,621 Amid Crypto Recovery in Smaller Tokens

Crypto markets are experiencing a recovery in smaller tokens as Bitcoin rises to $76,621. The Federal Reserve's interest rate decision contributed to this increase, with risk assets following suit.

According to CoinDesk data, Bitcoin has increased by 0.88% in the last 24 hours, while Ether rose 1.1%. Solana (SOL) gained 2% in value.

The rise in cryptocurrency market spread across a broad base, with 94 out of 100 assets in the CoinDesk 100 index rising in the last 24 hours.

However, spot ETF outflows continued, with funds seeing a net outflow of $295.98 million on Wednesday and $450.33 million the previous day.