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Fed Interest Rate Remains Unchanged: How Crypto Market Reacted?
Fed Interest Rate Remains Unchanged: How Crypto Market Reacted?
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The Federal Reserve's decision to maintain interest rates between 4.25% and 4.5% during its June 18 FOMC meeting sent ripples through financial markets. Cryptocurrencies, often sensitive to macroeconomic policy shifts, showed muted initial reactions as traders digested the implications of prolonged higher rates.
Market participants had widely anticipated the pause, with attention now turning to future rate trajectory signals. Bitcoin and Ethereum exhibited sideways trading patterns following the announcement, reflecting cautious Optimism among digital asset investors.
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