Powell's Fed Shift Sends Bitcoin Soaring 15% to $105K Before Meeting
Bitcoin price surge hit powerful new records as the leading cryptocurrency rocketed past $105,000 on Wednesday, triggering quite a shift in crypto market trends. A remarkable rally unfolded right after the Federal Reserve announced its plan to keep current interest rates steady, with Bitcoin volatility staying surprisingly stable through such dramatic moves. The world’s largest digital asset showcased impressive investment security while numerous policy signals shifted around it. Also Read: Cardano: ADA To Surge 146% To Sit At $2: Here’s When Fed’s Policy Changes and Bitcoin’s Price Surge Amid Crypto Volatility Source: WSJ News Fed’s Strategic Rate Hold Several market watchers praised the Federal Reserve’s decision to keep interest rates between 4.25% and 4.50%. Multiple investors watched the Bitcoin price surge as numerous comments from Fed Chair Powell sparked fresh confidence. Powell said: “Banks are perfectly able to serve crypto customers as long...