Skip to content

News / Archive

Update

Fed Holds Rates as Bitcoin Traders Weigh Signals

The Federal Reserve is expected to hold interest rates at today's decision, with traders watching the potential impact on Bitcoin and stock markets. Bitcoin, Ether, and SOL trade higher, potentially affecting crypto prices. The Fed held interest rates at 3.75%-4.00%, while two officials favored a hike and a December increase remains possible, shaping expectations for crypto markets. Bitcoin faces potential selling pressure ahead of the Federal Reserve's October 28 interest-rate decision, as whale profit-taking has reduced large-holder balances by 8,162 BTC.

More Update