Crypto Market Ignores Interest Rate Hike, Rises 1.2% Despite Volatility

The cryptocurrency market has shown resilience in the face of rising interest rates, barely budging after the Fed's key rate hike.

In fact, the market rose by 1.2% over the past 24 hours, with traders focusing on buying opportunities presented by dips in prices.

Certain altcoins have been leading the way, driven by specific ideas and fundamental shifts in sentiment.

The top performers included NEAR Protocol (+18%), Zcash (+17.5%) and Dash (+15%), while Filecoin (-1%), Hedera (-0.1%) and Tron (+0.1%) lagged behind.