Bitcoin pushed up to $76,621 on Thursday, a gain of 0.60% since midnight UTC and 0.88% over 24 hours, as risk assets focused on the Federal Reserve’s interest-rate projections rather than the first increase in more than three years. Ether added 1.1% to $2,444.36 and solana (SOL) rose 2% to $100.57.
The Federal Open Market Committee voted to lift the target rate by 25 basis points to 3.75%-4%. Chair Kevin Warsh told reporters that inflation had been “too high … for too long” and that recent months’ readings did not suggest underlying trends had meaningfully improved.
What reassured traders was the committee’s “dot plot” forecast, with a median policy rate of 4.1% at the end of both 2026 and 2027, implying just one further 25 basis-point move and no sustained tightening cycle.
Risk assets rallied, with the Dollar Index losing 0.17% while Nasdaq 100 index futures gained 1.04%, S&P 500 futures 0.81%, gold 1.02% and silver…
