Bitcoin rises to $76,621 after Fed hikes rates by 0.25 percentage points
- —Bitcoin rose to $76,621, Ethereum gained 1.1% to $2,444 and Solana rose 2% to $100.57
- —Open interest in crypto futures rose from $59.7 billion to $64.4 billion
- —Liquidations over 24 hours totaled $214.3 million, with 94 of 100 assets rising
- —Outflows from U.S. spot bitcoin ETFs since September 8 exceeded $1 billion over seven sessions
Why it matters: The market read the Fed's path as less hawkish than feared, but sustained gains depend on whether demand can offset continued ETF outflows.
Source: Crypto Economy