$BTC
The US Federal Reserve decided to keep interest rates in the range of 4.25% to 4.5% during its last meeting, after three consecutive cuts in 2024.
SA.INVESTING.COM
This decision affected the cryptocurrency market, as the price of Bitcoin rose for the first time in five days, with an increase in demand for riskier assets.
ECONOMY-NEWS.NET
It is worth noting that interest rates indirectly affect Bitcoin. When interest rates are low or stable, investors tend to seek higher returns in riskier assets, such as cryptocurrencies. Therefore, fixing interest rates can increase demand for Bitcoin and increase its value.
However, it should be noted that the cryptocurrency market is volatile and is affected by multiple factors, including global economic developments, regulatory legislation, and changes in investors' risk appetite.