Bitcoin Falls After Federal Reserve Affirms Commitment to Price Stability
The U.S. Federal Reserve kept its benchmark interest rate unchanged at a target range of 3.5% to 3.75%, signaling no immediate cuts and reinforcing its commitment to achieving price stability amid inflation concerns. Bitcoin dipped slightly following the announcement, trading around $65,300 despite rising over 5% in the past week.
Topics: Bitcoin Federal Reserve geopolitical tensions inflation interest rates