Bitcoin Holds Steady Above $75K After Fed Rate Hike
Bitcoin (BTC) managed to stay above the critical $75,000 support level after the Federal Reserve raised U.S. interest rates by 25 basis points.
The price stabilized around $76,362 following the rate hike, which was largely priced in, avoiding a sharp decline.
Technical indicators show mixed momentum, with resistance around $77,000 to $78,600 and support near $75,000.
A move above $77,300 could trigger a bullish run toward $80,000, while failure to hold $75,000 might lead to further declines.