
The Defiant·The Defiant Team·3h ago
Bitcoin Round-Trips the First Fed Rate Increase Since 2023 as Zcash Runs to $1,383
Read original on The DefiantThe Federal Open Market Committee voted 12-0 to lift its target range a quarter point to 3.75%-4%, and the median projection now puts the rate at 4.1% at the end of 2026 against 3.8% in June. Bitcoin spiked to $76,499.99 five minutes after the release and gave it back within…
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💬 Discussion: Bitcoin Round-Trips the First Fed Rate Increase Since 2023 as Zcash Runs to $1,383
The Federal Open Market Committee voted 12-0 to lift its target range a quarter point to 3.75%-4%, and the median projection now puts the rate at 4.1% at the end of 2026 against 3.8% in June. Bitcoin spiked to $76,499.99 five minutes after the release and gave it back within…
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