*Rise in Cryptocurrency Values After Yesterday's Losses 🚀*
*Impact of the U.S. Federal Reserve's Decision:*
- *Interest Rate Hold*: The U.S. Federal Reserve kept the interest rate at 4.25% as expected.
- *Impact of President Donald Trump*: Strengthens the long-term bullish outlook for cryptocurrencies.
*Impact of the Decision on the Cryptocurrency Market:*
- *Price Decline*: The price of Bitcoin fell to $116,000, and the values of XRP, Ethereum, and Solana also dropped.
- *Loss Recovery*: Bitcoin's value increased to $118,400, and XRP and Ethereum recorded prices of $0.00314 and $3,870, respectively.
*Statements from Jerome Powell:*
- *Focus on Curbing Inflation*: Jerome Powell confirmed that the bank is focused on curbing inflation, not on reducing government borrowing costs or residential mortgage rates.
- *Trump's Criticism*: Trump has repeatedly criticized Jerome Powell for keeping interest rates high [15].