Bitcoin stages a 'V-shaped reversal,' briefly erasing all gains following the rate hike announcement, now rapidly rebounding to break above $76,000.

BlockBeats news, September 17, according to HTX market data, following the interest rate hike announcement, Bitcoin quickly surged from $75,500 to $76,500, then fluctuated downward.

During Warsh's speech, Bitcoin briefly dropped to near the $75,000 mark, erasing all gains since the rate hike announcement. Bitcoin has now strongly rebounded, climbing back above $76,000, with a 1.67% increase within 7 minutes, currently trading at $76,300.