Bitcoin posted its third consecutive day of gains Thursday, climbing back toward $78,000 after dipping to a low of $75,972 overnight. The recovery came even as the Federal Open Market Committee voted unanimously to raise its benchmark interest rate by a quarter point to a range of 3.

Bitcoin closed Wednesday at $63,402, slipping just 0.24% even as July's Consumer Price Index came in at its softest reading in months. Spot Bitcoin ETFs returned to modest inflows of $7.8 million on Tuesday, according to Farside Investors, while Bitcoin's market capitalization held