Fed Leaves Rates Untouched, but a Quiet Policy Shift Could Move Bitcoin and Gold
Photo: Crypto Economy
TL;DR: The Federal Open Market Committee (FOMC) held the benchmark rate in the 3.75% to 4% range after a split 10-2 vote. Governor Lisa Cook and Cleveland Fed President Beth Hammack voted in favor of a 25-basis-point increase. Bitcoin traded near $80,950 on Binance following the official statement, while gold edged down 0.1% to $4,036 ... Read more
Source: Crypto Economy
