Bitcoin spikes above $22.2K as Fed votes for 75-basis-point rate hike

$Bitcoin(BTC.CC)$ charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike.
Markets had already expected that 75 basis points would be the Fed's next move. Commentators, however, increasingly considered the implications of the central bank's balancing act between taming inflation and avoiding recession going forward.
Looking farther out, meanwhile, Wall Street macro strategist David Hunter forecast continued relief for risk assets. More pertinent was a bet that recent lows would not repeat, a potential boon for Bitcoin bulls given the cryptocurrency's ongoing correlation to equities markets.
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