Bitcoin holds $76K after Fed rate hike as capital rotates to SVM Layer-2

  • Bitcoin holds near $76,000 after a Federal Reserve rate hike.
  • Capital rotates toward SVM-powered Layer-2 infrastructure.
  • The market focus shifts from Bitcoin toward blockchain infrastructure projects.

Bitcoin is holding around $76,000 following a Federal Reserve rate hike, while capital is rotating toward SVM-powered Layer-2 infrastructure. SVM refers to a blockchain execution environment associated with Solana, while Layer-2 networks are designed to process transactions alongside a base blockchain. The development highlights a shift in market focus from the leading cryptocurrency toward infrastructure projects.

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