Local time on Wednesday afternoon (June 18), the U.S. Federal Reserve (Fed) announced that it would keep the benchmark interest rate unchanged at 4.25%-4.50%, marking the fourth consecutive meeting of "holding steady," fully aligning with the market's general expectations.

Although the Fed's decision has a significant impact on global financial markets, the cryptocurrency market's reaction seems somewhat "Zen." Bitcoin (BTC) has basically remained around $104,000, while Ethereum (ETH) hovers at $2,520, and XRP and Solana remain relatively flat.

According to CoinGlass data, although the total market capitalization of the cryptocurrency market slightly decreased by 2% to $3.35 trillion that day, there was also a staggering $224 million in leveraged liquidations, with Ethereum seeing the largest liquidation amount, followed by Bitcoin. This indicates that the internal struggle between bulls and bears in the market remains intense.

It is worth mentioning that the U.S. spot Bitcoin ETF recorded a net inflow of $216 million on June 17, while the spot Ethereum ETF also saw an inflow of $11 million. This suggests that institutional funds continue to flow into the cryptocurrency market, providing support at the bottom.

Market experts believe that this "calm" reaction reflects investors' cautious sentiment after the Fed's decision, as everyone is waiting for clearer macroeconomic signals. $BTC $ETH #美联储降息