On June 18, 2023, the Federal Reserve System (Fed) maintained the key interest rate in the range of 4.25–4.5%.

The decision aligned with market expectations and the consensus forecast of analysts.

According to the Fed's statement, recent indicators show growth in economic activity, a low unemployment rate, and stable conditions in the labor market. However, inflation remains elevated.

After the data was published, bitcoin reacted with slight volatility and high trading volumes. Initially, the asset briefly surged to $104,800, but later dropped to $104,000.