Bitcoin Holds Ground as Fed Hikes Rates and Warsh Signals Tightening Path

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Source: CoinDesk
Bitcoin Holds Ground as Fed Hikes Rates and Warsh Signals Tightening Path
Photo: CoinDesk
TL;DR Summary

Bitcoin holds around $75,000–$76,000 as the Federal Reserve raises rates by 25 basis points to 3.75%–4.00%, signaling one more hike this year and with Warsh stressing inflation remains the key concern. Stocks slide while yields rise and the dollar strengthens, as traders weigh ongoing policy risk. U.S. bitcoin ETFs posted their largest daily outflows since June 25, and Zcash jumped about 6% even as major tokens sag, with investors hedging into stablecoins ahead of further rate moves.

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