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Bitcoin nears $77,000 as stocks rebound after Fed rate hike

  • Markets advanced Thursday as Bitcoin neared $77,000 and crypto prices traded higher.
  • 1% marked the S&P 500's gain, while the Nasdaq rose 1.5%.
  • Traditional markets erased their declines following the Federal Reserve's rate hike.

Markets advanced Thursday, with Bitcoin nearing $77,000 and the broader crypto market trading higher. Traditional markets also rebounded: the S&P 500 rose 1% and the Nasdaq gained 1.5%, erasing the declines that followed the Federal Reserve's rate hike.

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