FOMC Meeting Delivers No Surprises and Bitcoin Settles At Around $64K

TL;DR
- Bitcoin settled near $64,000 after the Federal Reserve kept rates unchanged at 3.50%-3.75%, with BTC swinging between $63,200 and $64,600 after the meeting.
- Major altcoins were mixed, as HYPE, DOGE, ETH, XRP and SOL slipped while UNI and BEAT posted gains of roughly 4%-5% during trading.
- PI reclaimed $0.08 after another 6% rise, while Talus surged 20% daily and 600% monthly to enter the top 100 cryptocurrencies by market capitalization.
Bitcoin steadied near $64,000 after the Federal Open Market Committee delivered the widely expected decision to keep interest rates unchanged at 3.50%-3.75%. The cryptocurrency moved sharply around the announcement, climbing to $64,600 and falling to $63,200 before settling near the middle of that range. The Fed avoided a surprise, but Bitcoin still struggled to establish a clear direction. That hesitation followed several volatile sessions in which traders repeatedly shifted between relief buying and defensive positioning, leaving the market calmer after the meeting but hardly convinced that the recent turbulence has ended across risk-sensitive digital assets.
โฆ Continue reading the full article at the original source below.
