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Bitcoin steadies above $64,000 as crypto looks to Fed interest-rate decision
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.
- Bitcoin price stabilized above $64,000 as crypto markets focused on the upcoming Federal Reserve interest rate decision amidst 4.1% inflation indicators.
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What happened
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.
Why it matters
Bitcoin price stabilized above $64,000 as crypto markets focused on the upcoming Federal Reserve interest rate decision amidst 4.1% inflation indicators.
What to watch
Tracked assets were close to neutral overall.
Breadth starts at 50, adds three points for each 1% of average 24-hour movement across the tracked assets, and is capped between 0 and 100.CoinGecko snapshot at 12:30 UTC. Prices and 24-hour moves refresh automatically without rerunning the newsroom.
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