Bitcoin rebounds above $77,500 as Fed rate hike odds ease to 62%

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Bitcoin climbed back above $77,500 over the past 24 hours, joining a broad recovery across the cryptocurrency market. XRP outperformed other major digital assets during the same period. The rally coincided with a decline in market expectations for a Federal Reserve interest rate hike, with odds falling to 62%. Despite the short-term gains, most major tokens remain in negative territory on a weekly basis. Zcash and Hyperliquid were the only assets maintaining gains over the full week.

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