Bitcoin Resilient as First Rate Hike in Three Years Passes Unscathed
The Federal Reserve's rate hike had little impact on Bitcoin's price, which continued to trade above $76,000. This resilience in crypto markets comes after three years without a rate increase.
Bitcoin did experience expected volatility around the FOMC decision, but ultimately held its ground. The altcoins also performed well, with SOL reaching $100 and ZEC surging by over 14%.
The strong token performance and adoption suggest that these assets are gaining momentum in the market. This is a promising sign for investors looking to diversify their portfolios.