Bitcoin Surges Towards $78K as Fed Hike Ends Uncertainty

The Federal Reserve's decision to raise interest rates by 0.25 percentage points to 3.75%-4% has given Bitcoin a boost, pushing its price towards $78,000.

This move was largely anticipated, and traders had already priced in the increase before the announcement.

With the uncertainty surrounding the rate hike now behind us, attention is shifting towards future policy and crypto-specific catalysts.

Remittix, a payment startup, continues to list its token RTX at $0.21 ahead of its planned price increase to $0.23, approximately 9.5% higher.