Bitcoin shrugs off first US rate hike in 3 years, holds near $76K - CHOSUNBIZ

Bitcoin held near $76,000 after the first US interest-rate increase in three years, according to a Chosunbiz report. The cryptocurrency’s relative stability suggested that the immediate market reaction did not produce a sharp move away from its recent price level.

US rate decisions are closely watched across global markets because higher borrowing costs can affect investor appetite for assets viewed as higher risk. Bitcoin, the largest cryptocurrency by market recognition, is often monitored alongside stocks, bonds and the dollar during major monetary-policy shifts.

The report highlights that Bitcoin shrugged off the initial impact of the rate hike while remaining near $76,000. Market participants will continue to watch how US monetary policy and broader financial conditions influence trading in digital assets.