Bitcoin Hovers Near $81,000 as Fed Holds Rates in Split Vote
Photo: ETHNews
Bitcoin climbed toward $81,000 in early trading following the Fed announcement, while Ethereum, Solana and XRP also advanced. The FOMC held rates at 3.75%–4.00%, but two officials wanted another quarter-point increase. Bitcoin derivatives positioning and a roughly $11 billion options expiry add another source of volatility this week. Bitcoin moved closer to $81,000 after the Federal Reserve left interest rates unchanged on October 28, with major cryptocurrencies advancing even as two policymakers called for another increase in U.S. borrowing costs. Bitcoin reached $80,941.21 in the latest CoinMarketCap snapshot , up from $80,752.16 in an earlier reading following the announcement.
Source: ETHNews
