Bitcoin Rebounds After FED’s Interest Rate Decision
Bitcoin surges to $86,000 as the Fed holds interest rates steady, while new whales accumulate aggressively, strengthening support and setting the stage for a potential rally to $150,000–$160,000.
Bitcoin has surged to $86,000 after the Federal Reserve decided to keep interest rates unchanged, unveiling plans to curb inflation while leaving room for two potential rate cuts in 2025.
Large Bitcoin wallets holding over 1,000 BTC are accumulating at a rapid pace, reflecting strong confidence in Bitcoin’s upward momentum. Since November 2024, new “whales” have added over 1 million BTC to their reserves, with 200,000 BTC acquired this month alone.
Data shows that most of these newly acquired Bitcoins have been held for a short period (<6 months), indicating strong confidence in the current price level. Persistent buying pressure from large investors has fully absorbed the recent market correction, reducing the risk of prolonged declines.
Although retail investors have yet to return due to risk-averse sentiment, the aggressive accumulation by new whales could be forming a solid support level for Bitcoin in this cycle. The influx of fresh capital into the market has fueled a rapid increase in the number of new whale addresses, as reflected in the data below.