Crypto Market Holds Steady After Post-Fed Rally
Thursday's post-Fed meeting market saw Bitcoin and other cryptocurrencies holding steady. The price of Bitcoin (CRYPTO: BTC) traded higher, with spot ETFs returning to net inflows after four straight sessions of outflows.
Crypto sentiment improved despite remaining in the fear zone. Treasury Secretary Scott Bessent urged the Senate to pass the CLARITY Act.
The Coinglass data shows 89,252 traders were liquidated in the past 24 hours for $274.16 million. Meanwhile, SoSoValue data shows net inflows of $32.1 million from spot Bitcoin ETFs on Wednesday.