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Crypto rallies through the Fed's first rate increase since 2023

CoinDesk·September 17, 2026·1 min read
Crypto rallies through the Fed's first rate increase since 2023

Bitcoin rose 0.88% over 24 hours to $76,621 as the Fed's first rate increase since 2023 saw projections imply only one further hike. Zcash jumped 23% to a record after Paradigm disclosed a stake. The central bank's move signaled a cautious tightening path, boosting crypto markets.

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