#ETH突破2000 Bitcoin Breaks Through $85,000

The price of Bitcoin broke through $85,000 this morning, reaching a recent high. This breakthrough may be influenced by the Federal Reserve's decision to keep interest rates unchanged, the market's expectation of rate cuts, and the risk-averse sentiment triggered by the collapse of the Turkish lira.

Federal Reserve Keeps Interest Rates Unchanged, Expected to Cut Rates Twice This Year

The Federal Reserve decided at the March meeting to maintain the federal funds rate in the range of 4.25%-4.5%, in line with market expectations. At the same time, the Federal Reserve raised its inflation forecast to 2.7% (core PCE) and lowered its economic growth forecast for 2025 to 1.7%. The dot plot indicates that there may be two rate cuts this year, and this policy direction has a positive impact on the cryptocurrency market, with US stocks and gold rising in tandem.