Bitcoin Regains $81,000 After Fed Leaves Rates Unchanged
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin returned to around $81,000 shortly after the Federal Reserve kept interest rates unchanged Wednesday, following sharp swings before the announcement.
Bitcoin traded around $81,000 in the minutes after the Federal Reserve announced Wednesday that it would leave interest rates unchanged, according to Bitcoin.com News.
Before the decision, bitcoin briefly reached $81,687 before falling below $80,500, marking a sharp reversal ahead of the central bank’s announcement.
The subsequent rebound brought bitcoin back above the $81,000 mark, though it remained below the peak reported earlier in the session.
Source: Bitcoin.com News
