ASX Holds Steady Amid Fed Decision, Oil Price Bumps, and Crypto Volatility

The Australian share market remained relatively stable as investors watched the US Federal Reserve's upcoming policy decision and movements in commodity prices, including stronger oil prices that supported energy stocks.

Crypto markets experienced renewed volatility following developments in Washington surrounding proposed digital-asset legislation, with Bitcoin coming under pressure after the US Senate failed to advance a major cryptocurrency regulatory measure.

Corporate deals, mining projects, and healthcare expansion drove company-specific activity across the market, with Wiluna Mining planning a return to the ASX and Reliance Worldwide receiving an improved cash proposal from Brookfield.