The Fed’s rate hike is in place—why hasn’t BTC kept crashing?
Yesterday, the Federal Reserve raised interest rates by 25 basis points, taking the target range up to 3.75%—4%, and signaled that there could be another hike later this year. On paper, that’s not friendly for risk assets, but BTC is now around $76,286 and has rebounded from an intraday low of $75,211.
This suggests the market isn’t just trading “whether to hike or not,” but whether those expectations were already priced in. With the CLARITY Act falling through and the rate hike materializing—two negative catalysts in a row—the price hasn’t pushed to new lows. In the short term, funds may start to look for signs of support.
Now the focus is on three levels:
First, whether $75,200 can hold;
Second, whether the rebound can reclaim $76,700;
Third, whether ETH and BNB have started to outperform BTC.
If the price can stay steady after the negatives, the market may be waiting for the next main storyline. If the rebound never gains traction in volume, $75,000 could still be tested again. Do you see this as a bottoming signal, or just a continuation of the downtrend?
$BTC $ETH $BNB
Yesterday, the Federal Reserve raised interest rates by 25 basis points, taking the target range up to 3.75%—4%, and signaled that there could be another hike later this year. On paper, that’s not friendly for risk assets, but BTC is now around $76,286 and has rebounded from an intraday low of $75,211.
This suggests the market isn’t just trading “whether to hike or not,” but whether those expectations were already priced in. With the CLARITY Act falling through and the rate hike materializing—two negative catalysts in a row—the price hasn’t pushed to new lows. In the short term, funds may start to look for signs of support.
Now the focus is on three levels:
First, whether $75,200 can hold;
Second, whether the rebound can reclaim $76,700;
Third, whether ETH and BNB have started to outperform BTC.
If the price can stay steady after the negatives, the market may be waiting for the next main storyline. If the rebound never gains traction in volume, $75,000 could still be tested again. Do you see this as a bottoming signal, or just a continuation of the downtrend?
$BTC $ETH $BNB