CoinMeta data: A research report Grayscale indicates that the Federal Reserve will raise the benchmark interest rate by 25 basis points to 3.75%-4.00% on Wednesday, which is considered a cyclical adjustment rather than a shift in policy direction. This is unlikely to trigger significant changes in the crypto market. The report cites a one-time interest rate hike during Alan Greenspan's tenure in March 1997 as an example, noting that the Nasdaq bull market was not significantly affected at that time. It also mentions that stablecoin issuers such as Circle and Tether will earn higher revenues due to the rising interest rates, and the increased yields of tokenized bonds and money market funds may also drive funds into the blockchain ecosystem. Therefore, the impact of the interest rate hike on different assets within the crypto ecosystem varies.