#FedHODL
Today, January 30, 2025, the cryptocurrency market witnessed significant movements in the prices of major coins. The price of Bitcoin (BTC) rose by 2.91% to $ 105.381, with an intraday high of $ 105.581 and a low of $ 101.423. Ethereum (ETH) also rose by 2.62% to $ 3.21371, with a daily high of $ 3.21799 and a low of $ 3.05804.
Additionally, XRP rose by 0.65% to $3.11, with a daily high of $3.13 and a low of $2.98. Cardano (ADA) also experienced an increase of 3.83% to $ 0.965283, with a daily high of $ 0.969984 and a low of $ 0.90571.
These increases come as investors await the decision of the Federal Reserve of the United States on interest rates. The central bank is expected to maintain interest rates in a range of 4.25% to 4.5%, after cutting them in the last three meetings. However, Federal Reserve Chairman Jerome Powell may signal that borrowing costs are likely to remain unchanged for most of 2025, which could affect cryptocurrency prices as safer assets like bonds tend to attract investors amid rising interest rates.