Bitcoin maintains its position amid regulatory decisions in the US

The US Federal Reserve left the key interest rate unchanged. According to cryptocurrency market experts, this was an expected step for the financial industry. After this decision, bitcoin BTC $118,497.11 Bitcoin 0.22% Market capitalization $2.36 trillion VOL. 24 hours $2.02 billion maintained its position without showing any significant fluctuations. Investors are closely monitoring the Fed’s decisions, as changes in monetary policy can have a significant impact on cryptocurrency markets.

According to the trading data, the rate of the flagship of the digital asset market remained within the previous values, despite the Fed’s rate remaining at 5.25−5.5% per annum. Experts point out that the cryptocurrency market is sensitive to news about changes in the cost of borrowing in the United States, as it affects investors' appetite for risk.

In its statement, the Fed emphasized that decisions on future rate changes will be made taking into account economic data and inflationary indicators. The regulator emphasized the importance of fighting inflation and maintaining the stability of the financial system.

After the announcement of the decision to keep the rate unchanged, major cryptocurrencies, including bitcoin, continued to trade in a narrow price range. Market participants are waiting for further signals from the Fed regarding possible policy adjustments in response to economic changes.

Analysts note that the stability of the Federal Reserve’s decisions helps to maintain relative calm in the cryptocurrency market, although the long-term dynamics of bitcoin will continue to depend on the overall situation in the global economy.