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Crypto rallies through the Fed's first rate increase since 2023

CoinDesk
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Crypto rallies through the Fed's first rate increase since 2023

Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike. Zcash jumped 23% to a record after Paradigm disclosed a stake.

Key Takeaways

  1. Bitcoin rose 0.88% over 24 hours to $76,621 as the central bank's projections implied only one further hike.
  2. Zcash jumped 23% to a record after Paradigm disclosed a stake.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.