Bitcoin (BTC) is trading above $76,300 on Thursday, stabilizing after the Federal Reserve raised its benchmark interest rate by 25 basis points. BTC remains above a critical cluster of moving averages despite falling approximately 3% on Tuesday. This positioning preserves its broader bullish structure, although weakening momentum indicators suggest buyers have yet to regain firm control. Meanwhile, privacy-focused cryptocurrencies Zcash and Dash outperformed the wider market with double-digit gains over the past 24 hours. Bitcoin stabilizes following Fed rate increase Bitcoin held near $76,000 after the Federal Reserve tightened monetary policy by a quarter percentage point. The Federal Open Market Committee increased its benchmark federal funds rate range by 25 basis points to between 3.75% and 4%.