#FedHODL Here’s how the fed’s decision might impact the crypto market.
1. When interest rates steady or low, investors often seek higher returns in riskier assets like crypto. With the fed holding rates steady, investors may feel more confident allocating funds to bitcoin and other cryptocurrencies as traditional savings and fixed income investments offer relatively lower returns.
2. The fed’s decision aligns with market expectations which reduces uncertainty. This stability can boost investor confidence in both traditional and crypto markets, potentially driving further inflows into bitcoin.
The fed’s decision to keep interest rates steady is likely to have a positive impact on the cryptocurrency market in the short to long term.