🚨 Urgent | The US Federal Reserve Holds Interest Rate at 4.25%-4.50% 🚨
🔹 Impact on Cryptocurrencies:
✅ Stable Liquidity: Steady interest rates mean no increase in borrowing costs, which maintains the levels of liquidity available for investment in various assets, including cryptocurrencies.
✅ Support for Alternative Assets: With stable returns on traditional assets, investors may continue to seek investment opportunities with higher returns, which could increase the attractiveness of cryptocurrencies as an investment option.
✅ Stability of the Dollar: A stable interest rate could lead to the stability of the value of the US dollar. Since many cryptocurrencies, such as Bitcoin, are traded against the dollar, the stability of the dollar may help reduce the price volatility of these currencies.
📉 Market Predictions:
🔸 Bitcoin (BTC): Currently at $84,253.02. If it breaks the $85,000 barrier, we may see a rise towards $90,000. In case of a correction, the main support is expected to be at $80,000.
🔸 Altcoins: Stable interest rates could enhance the rise of some coins with strong projects, but caution is warranted, as liquidity may remain concentrated in Bitcoin and Ethereum.
⚠️ Advice for Investors: Monitor market movements carefully, as volatility remains. It is also advisable to follow upcoming statements from the Federal Reserve regarding inflation and future monetary policies. 📊🔥
