The Federal Reserve kept interest rates unchanged, as expected, which affected the cryptocurrency market, including Bitcoin.
FED's Rate Decision
The U.S. Federal Reserve made its first major decision during President Donald Trump's second term by keeping interest rates unchanged. This decision was anticipated by many economists and analysts.
Impact on Bitcoin Market
Following the FED's decision announcement, Bitcoin's price showed certain changes. Further statements from the FED representative are expected to have additional effects on the cryptocurrency market.
Jerome Powell's Comment
FED Chairman Jerome Powell will hold a press conference at 22:30 Turkish Time (UTC+3). His statements might be more significant than the rate decision itself, given the current economic situation.
The decision to keep interest rates unchanged is a significant step in the U.S. economic context. The impact on the cryptocurrency market remains a focal point for investors.
