Bitcoin, Ethereum, XRP Slide After Fed Holds Interest Rates Steady
Photo: TheCoinrise
Crypto markets turned lower following the Federal Reserve's decision to leave rates unchanged. The Federal Reserve's policy-setting committee met this week to decide on the direction of U.S. interest rates. Investors across traditional and digital asset markets had been watching closely for any signal on future monetary policy. The Federal Open Market Committee ultimately chose to hold rates steady, according to Brave New Coin. That decision triggered a pullback across major cryptocurrencies. Bitcoin, Ethereum, and XRP each declined following the announcement, the outlet reported.
Source: TheCoinrise
