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Bitcoin absorbs Fed rate hike as officials see more tightening
Published Source: CoinTelegraphRead original
Crypto Insight Summary: Bitcoin showed little immediate reaction to the Fed’s first rate increase since 2023, but 16 of 18 officials expect at least one more hike before the end of the year. Crypto Insight Analysis: Direction: Neutral Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Fed rate hike was largely priced in, with limited immediate effect on BTC.