Update
Fed Chair Warsh Explains Rate-Hike Pause
The US Federal Reserve decided to keep interest rates unchanged after a hike in September, with two policymakers voting for a rate increase. Fed Chair Kevin Warsh emphasized the need to address persistent inflation and highlighted the resilience of the US economy despite ongoing financial uncertainties. Bitcoin experienced volatility but rebounded above $81,000 following the Fed's announcement and Warsh's press conference, despite earlier predictions of a potential price drop.