The Federal Reserve (Fed) announced that it would raise interest rates from 5.00% to 5.25% to 5.25% to 5.50% in line with market expectations. Although investors are concerned about the Fed's future policies, there are no new comments in this resolution, and there is no significant difference compared with the past.

The key to the future direction lies in the achievement of the 2% inflation target. The Fed expects economic growth to be "moderate", implying confidence in a soft landing for the economy and no longer worrying about recession.

Although the Fed has not said that July will be the last time to raise interest rates, some analysts even believe that September may raise interest rates again to 5.50% to 5.75%. The Fed itself has not made a clear forecast for future interest rate hikes, and will need to monitor the financial report and next quarter's economic data.

Overall, this FOMC meeting brought no surprises, and the cryptocurrency market had limited reaction.