Bitcoin and XRP Price Predictions for Today (October 29)
Photo: CaptainAltcoin
Bitcoin and XRP are both under pressure this morning after the Federal Reserve left interest rates unchanged on Wednesday. BTC is trading around $80,000 after briefly pushing above $81,000 following the FOMC decision . XRP is near $1.29 after another rejection from the $1.33-$1.34 area. The Fed kept its benchmark rate at 3.75%-4.00%, but the decision was not entirely comfortable for risk assets. Two policymakers voted for an immediate rate hike, inflation was still described as elevated, and markets continue to price a high probability of another increase in December. Crypto also woke up to a weaker risk backdrop.
Source: CaptainAltcoin
