Bitcoin Up After Fed Rate Reveal, Correlation With Stocks Over?

Bitcoin has surged above the $29,000 mark following the Fed rate hike of 25 bps, a sign that the asset may be decoupling from the stocks.
Bitcoin Has Jumped Despite Fed Interest Rate Hike Announcement
According to the on-chain analytics firm Santiment, the cryptocurrency market has shown some promising rise potential since the rate hike announcement has gone live.
In the past year, the US Federal Reserve System (“Fed”) interest rate hikes have generally been met with panic in the mar