Fed Hike Sends Mixed Signals to Crypto and Tech Markets

The Federal Reserve raised interest rates by 25 basis points to 3.75%-4.00%, its first hike since 2023, and signaled further tightening may be ahead.

Policymakers expect at least one more increase this year, with Treasury yields and the U.S. dollar moving higher after the decision.

The immediate reaction in crypto was relatively contained, with Bitcoin (BTC.CC) trading around $75,000 and Ethereum (ETH.CC) near $2,400.

This suggests much of the first rate hike had already been priced in, but the bigger question is whether markets begin pricing a sustained tightening cycle rather than a one-off move.