#FedHODL
The Fed Holds Interest Rates, Crypto Market Rises Again by 4%"
The Federal Reserve (The Fed) decided to hold its benchmark interest rate at 4.25% to 4.5% early Thursday (30/01). This decision caused the crypto market capitalization to rise by 4% in the last 24 hours.
This decision is the first at the beginning of the year, after the Fed moderately lowered its benchmark interest rate three times last year.