[ZEC Price Surges 23% in the Past 24 Hours, Nearing Historical High of Approximately $1,369] According to CoinDesk, the Federal Reserve raised interest rates by 25 basis points to 3.75%-4% for the first time since July 2023 and projected only one more rate hike by the end of 2027. Bitcoin saw a slight 0.88% increase over 24 hours, reaching approximately $76,600. Among the CoinDesk 100 Index components, 94 tokens rose, while the small-cap CoinDesk 80 Index gained 4.7%. After Paradigm co-founder Matt Huang disclosed the company's holdings in Zcash (ZEC), the price of ZEC surged 23% in 24 hours, nearing its historical high of approximately $1,369. Open interest increased to $2.2 billion, up 37.84%, with a funding rate of -0.0253%. Over the past seven trading days, U.S. spot Bitcoin ETFs saw a cumulative net outflow of more than $1 billion.