How did Bitcoin's price react to Fed meeting, unchanged interest rates?

2024-5-2 08:00

US Fed left interest rate unchanged again, citing “lack of further progress” on 2% inflation target. BTC remains under pressure despite a modest flip after the Fed meeting.  Bitcoin [BTThe post How did Bitcoin's price react to Fed meeting, unchanged interest rates? appeared first on AMBCrypto.

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fed meeting interest unchanged bitcoin react did

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Bitcoin slides off Fed meeting before bouncing back, but what next?

Key Takeaways Federal Reserve hikes 25 bps, Bitcoin drops over 6% Bounceback in prices follow, however, as market bets on rate cuts down the line Bitcoin originally fell to $26,700 and is now back at $27,700 Tight monetary policy appears to be coming to a close, which is exactly what Bitcoin investors want to hear […] The post Bitcoin slides off Fed meeting before bouncing back, but what next? appeared first on CoinJournal.

2023-3-23 17:14