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coinpedia 2024-02-01 05:31:34

Bitcoin Holds Steady as Fed Signals No Rate Cut, Other Assets Feel the Heat

The post Bitcoin Holds Steady as Fed Signals No Rate Cut, Other Assets Feel the Heat appeared first on Coinpedia Fintech News Bitcoin demonstrated resilience amidst the Federal Reserve’s decision to maintain interest rates, contrasting with the broader market’s decline. While the Fed’s announcement impacted various assets, Bitcoin remained relatively stable. Market Response Despite expectations of a rate cut, the Fed’s decision led to declines in traditional stocks and cryptocurrencies. Bitcoin, however, experienced only a marginal 2.2% …

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