Bitcoin (BTC) stalls above $76,000 at press time on Thursday as the US Federal Reserve keeps the interest rates steady. Still, the short-term volatility surge triggered over $500 million in liquidations within 24 hours. Meanwhile, Terra Classic (LUNC) and Dogecoin (DOGE) maintain bullish momentum and are the top gainers over the last 24 hours. 

US Fed decision triggers over $500 million in liquidations

The US Federal Reserve decided to keep the interest rates steady between 3.50% and 3.75% amid inflation fears linked to the ongoing US-Iran conflict. The decision wiped out previous days’ gains, leading to a bearish close in Bitcoin on Wednesday and triggering broader market volatility. 

CoinGlass data shows that total liquidations…