Bitcoin (CRYPTO: BTC), the world’s most valued cryptocurrency, managed to surpass the $23,000 mark on Thursday morning following the Fed’s rate decision.
The US Federal Reserve boosted interest rates by 0.75% on July 27 in a bid to contain the surging inflation level.
The global cryptocurrency market capitalization also surpassed the $1 trillion level on Thursday following the Fed’s announcement.
Ethereum (CRYPTO: ETH), the second-biggest cryptocurrency, meanwhile, surged back above the $1,600 level on Thursday.
Lido DAO (CRYPTO: LDO) was the top …
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