Bitcoin (BTC) traded slightly higher in the hours leading up to the Fed’s interest rate announcement. Three hours ahead of the announcement, the BTC price stood just above the $26,000 mark, up a mere 0.1% for the past 24 hours. The immediate reaction after the announcement was a slight drop in the price.
#GateioTurns10 #GateioTurns10 #GateioBounty #ContentStar #NewMessenger #GateLive The US Federal Reserve announced that it will keep its interest rate unchanged at 5-5.25%. Just ahead of the announcement, the CME’s FedWatch Tool estimated a is a 97% chance that the rate would remain unchanged.
Bitcoin (BTC) traded slightly higher in the hours leading up to the Fed’s interest rate announcement. Three hours ahead of the announcement, the BTC price stood just above the $26,000 mark, up a mere 0.1% for the past 24 hours. The immediate reaction after the announcement was a slight drop in the price.