BREAKING NEWS: FED Interest Rate Decision Announced! Good or Bad for Bitcoin (BTC)?
The FED did not increase or reduce interest rates.
Today, the US Federal Reserve (FED) is on the agenda of financial markets and the cryptocurrency industry in particular. The FED, which last announced its interest rate decision on March 20, kept interest rates constant at 5.50%, as it has for a long time.
In the last minutes, the FED also announced its new interest rate decision. The FED, which did not increase or decrease interest rates in line with expectations, declared that interest rates would continue at 5.50%.
Since the interest rates are announced in line with expectations, it does not seem to have a significant impact on Bitcoin (BTC).