Bitcoin is seeing a modest daily uptick, holding strong around $76,500 as US stocks climb in the wake of the Fed’s first key rate hike since July 2023. The crypto market is reacting to eased tensions after the regulator’s announcement.

What Happened

After the Fed decided to raise rates for the first time since July 2023, US stock indexes jumped and Bitcoin gained over the past 24 hours, trading close to $76.5K. This move signals a return of risk appetite as the market gets more clarity on monetary policy.

Why It Matters for Crypto

Interest rates shape the cost of capital and how much risk investors are willing to take. When there’s less uncertainty about the Fed’s next move, market players often shift back into riskier assets. Crypto—including BTC and major altcoins like NEAR—tends to be sensitive to the mood swings set by traditional markets.

What to Watch Next

Traders are watching for more signals from the Fed and tracking US stock momentum—both could keep risk-on assets hot or cool them off. For BTC, the $76.5K zone is key in the near term, along with the overall news flow that’s steering short-term crypto volatility.