The U.S. Federal Reserve has kept its benchmark interest rate unchanged. From a cryptocurrency perspective, this announcement did not cause major volatility in the crypto market. Bitcoin, for instance, fell by just 0.2% in the hour following the announcement, maintaining stable trading patterns.
Maintaining the current interest rate means there is no sudden change in market liquidity, allowing investors to keep confidence in risk assets like cryptocurrencies. However, if expectations for a future rate cut grow, it could positively impact the long-term outlook for bitcoin and other digital assets