The post Bitcoin’s Reaction to Fed Rate Changes: Key Insights for Traders appeared first on Coinpedia Fintech News
After the recent Federal Open Market Committee meeting, the US Federal Reserve, yesterday, announced its plan to keep its federal funds rate unchanged at 4.25%-4.5%. Every FOMC meeting influences Bitcoin prices, sometimes causing major swings. In the last 24 hours, the price of BTC has seen a rise of 3.1%. This report looks at past …