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The broader crypto market soared after the U.S. Federal Reserve confirmed a 75 bps rate hike that was in line with investors' expectations. The Fed's potential pivot to a more tapered rate increment provided some relief to the risk markets — stock markets closed higher, while major digital assets moved in lockstep. As of the time of writing, BTC is trading above the $23k handle after pumping by 9% in the last 24 hours. Despite the renewed momentum, major resistance levels in the $23.5k to 23.7k range remain intact. The largest cryptocurrency by market cap must clear these barriers before it can usher in another round of rally. Major altcoins are all riding the wave of the Fed's announcement, with UNI and ETC leading the pack on at least 20% increases in the last 24 hours.