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Bitcoin Slides Despite Fed Rate Hold: Market Remains Weak

Guavy AI Editorial Team
Instruments
BTC ETH XRP
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The Federal Reserve's decision to keep interest rates steady has had little impact on Bitcoin. Despite this, Bitcoin is still showing signs of weakness.

According to CoinMarketCap, as of July 30th at 8:20 a.m., Bitcoin was up 0.64% from the previous day at $63,974.

Ethereum and XRP also showed slight gains, with Ethereum up 0.13% at $1,908 and XRP up 1.23% at $1.07.

Bitcoin had fallen to as low as $63,500 before recovering slightly.

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