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2025-01-30 | Curator: CryptoTerminal
Bitcoin Jumps to $105,000 as Fed Fears Fade
Bitcoin (BTC) soared past the $105,000 mark on Wednesday as investor sentiment shifted following the Federal Reserve’s decision to pause its interest rate cuts. The world’s largest crypto, which initially dipped to $101,800 after the announcement, quickly rebounded, marking its highest level in three days. During the Federal Open Market Committee meeting, the Fed left its benchmark interest rate unchanged, keeping it within the target range of 4.25% to 4.50%. Since President Donald Trump’s ele...