Bitcoin Rallies 5 Percent Amid Fed Meeting: What Lies Ahead?
Bitcoin (BTC) made a noteworthy climb of 5 percent during the Federal Reserve’s FOMC meeting. Announcements confirmed that interest rates would remain unchanged. However, the Fed also cautioned about slowing growth, alongside predictions of elevated inflation and unemployment. These economic indicators have left investors questioning Bitcoin’s potential trajectory in the coming weeks. As the market digests the Fed’s insights, all eyes remain on Bitcoin to see if it can maintain its current strength or face headwinds.