Breaking: Bitcoin Reacts to Fed's Rate Decision

03/20/2025 00:58
Breaking: Bitcoin Reacts to Fed's Rate Decision

Bitcoin experienced little volatility following the decision

The price of Bitcoin, the leading cryptocurrency, remains flat following the latest rate decision. The leading cryptocurrency is currently changing hands at $84,231 on the Bitstamp exchange. The cryptocurrency is still up by roughly 1.5%.     

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The Fed has left the key interest rate unchanged in the 4.25-4.50% range, which is in line with analysts' expectations. 

The latest FOMC statement says that "uncertainty around the economic outlook has increased." 

It is worth noting that four Fed officials now expect no zero rate cuts.  

The central bank has also significantly reduced its 2025 GDP growth projection to just 1.7%. 

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