Bitcoin steadies above $64,000 as crypto looks to Fed interest-rate decision
CoinDesk·
60-second summary
Bitcoin hovers above $64,000 as the crypto market waits with bated breath for the Federal Reserve's interest-rate decision, with BTC adding 0.75% in anticipation. The recent 4.1% inflation rate keeps an interest-rate hike firmly on the table, despite easing oil prices, which could impact the Fed's decision and subsequently crypto prices.
BTC added 0.75% before the Federal Reserve's rate decision. Inflation at 4.1% keeps an increase firmly on the table even as oil prices ease.