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Reading: Crypto Money Market recovered after the FED interest rate decision! Bitcoin is $ 105 thousand
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EdaFace Newsfeed > Latest News > Crypto News > Crypto Money Market recovered after the FED interest rate decision! Bitcoin is $ 105 thousand
Crypto News

Crypto Money Market recovered after the FED interest rate decision! Bitcoin is $ 105 thousand

vitalclick
Last updated: January 30, 2025 11:11 am
4 months ago
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Contents
Fed interest rate decisionIncrease in Bitcoin and pioneering subcoinsIt was onyxcoin rapidly increasingEthereum and market expectations

Although the interest rates were kept constant at the US Federal Open Market Committee (FOMC) meeting on January 30, there was a significant optimism among investors in crypto money markets. Bitcoin (BTC) $105,198.9 While the price fell to approximately $ 105,000, Ethereum (ETH) $3,214.4High -level subcoins such as Solana (left) and XRP also showed a parallel rise. In addition, onyxcoin (XCN) on the day of up to 30 %increased as the most winning crypto currency.

Fed interest rate decision

The US Federal Reserve kept its interest rates constant at 4.25 % – 4.5 %at the FOMC meeting. FED President Jerome Powell said that banks can serve if the risks are managed properly to the crypto industry.

Jerome Powell announced that banks can serve with risk management suitable for the crypto sector.

Increase in Bitcoin and pioneering subcoins

The price of Bitcoin increased by 3 %over the day and reached $ 105.176. ETH and XRP gained 2 %and 1 %, respectively. The global crypto market value increased by 2.5 %to $ 3.55 trillion and the market volume increased by 9 %to $ 125.99 billion.

Ali Martinez said that more than 70 BTC owners have left the network or redistributed their assets.

It was onyxcoin rapidly increasing

Onyxcoin (XCN) was the most winning crypto currency with a 30 %increase. Among the other prominent winners, Hyperliquid (HYPE) increased by 18 %, Fartcoin (Fartcoin) 16 %and Jito (JTO) 13 %.



Ethereum and market expectations

The ratio of Ethereum Mercantil Value to Realized Value (MVRV) fell below the 160 -day moving average. Analyst Ali Martinez said that this could potentially point to a 40 %correction.

Michaël Van de Poppe claimed that if the BTC exceeded $ 105,000, it could reach the highest level of all time in February.

Solana (left) increased to $ 241 with an increase of 5 %, breast coins dogecoin $0.331093Shiba Inu, Trump and Pepe Coin also showed increases between 1-6 percent. On the other hand, Dexe (Dexe) depreciated 12 %, Pudgy Penguins (Pengu) 6 %, Dogwifhat (WIF) 4 %and Movement (Move) 3 %.

This mobility in the crypto market allowed investors to evaluate the impact of interest rate decisions on markets and create expectations for future price movements.



Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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