Event
Foreign policy
Federal Reserve raises interest rate by 25 basis points to 3.75–4%
2 sourcesPublished · Updated
The Federal Reserve raised its interest rate by 25 basis points, marking the first increase in three years. This decision aligned with market expectations. Following the announcement, Bitcoin's price hovered around $76,700.
Key facts
- Fed raised rate by 25 basis points
- Rate now at 3.75–4%
- First increase in three years
- Bitcoin price around $76,700
- Bitcoin lost 0.8% in a day
Federal Reserve · Bitcoin
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