Market Resilience: Crypto Shrugs Off Federal Reserve’s First Rate Hike Since 2023 as Altcoins Surge

Main Facts In a decisive move that sent ripples across global financial systems, the United States Federal Reserve implemented a 25-basis-point interest rate hike on Wednesday, pushing the benchmark target range to between 3.75% and 4.00%. The unanimous vote marked the central bank’s first monetary tightening action in over three years. While traditional equities experienced…

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