Twenty-five basis points, unanimous. The Federal Reserve voted to raise its benchmark rate by a quarter-point for the first time in more than three years, with every committee member in agreement. Bitcoin ($BTC) and ether ($ETH) swung sharply in both directions on the announcement.
The unanimity carries weight beyond the increment. A divided vote at the first hike after a prolonged hold would have introduced ambiguity about the Fed's confidence in its own direction. A full-house result closes that gap. Warsh has pointed explicitly at inflation as the policy target, and the committee now stands behind that framing.
For $BTC and $ETH, the whipsaw pattern after the decision is a read on positioning. Neither digital asset held a clean move in either direction. The quarter-point increment is a minimum step; what the market is working out is whether this unanimous opening move maps to a sustained tightening path.