Bitcoin shows resilience after the Fed's latest rate hike, though hawkish projections from 16 of 18 officials suggest further tightening could weigh on crypto markets in the coming months.
Bitcoin showed little immediate reaction to the Fed's rate hike, but further tightening expectations could pressure risk assets.
Bitcoin prices remained largely unchanged following the Federal Reserve's decision to implement its first interest rate hike since 2023. Despite the move, 16 of 18 central bank officials signaled expectations for at least one additional rate increase before the end of the year, maintaining pressure on risk assets.
Bitcoin showed little immediate reaction to the rate increase, maintaining a neutral stance as investors digest the central bank's hawkish outlook.