FOMC Hold Sparks Market Uncertainty as Bitcoin ETFs See Net Inflows

The Federal Reserve's latest policy decision has left global markets in a state of uncertainty.

The FOMC held interest rates steady, but with a distinctly hawkish tone that sent Treasury yields climbing and equities split direction.

Bitcoin initially welcomed the news, rising from $63,700 to nearly $64,700 before giving back most of its gains as traders digested the hawkish language.

The cryptocurrency later stabilized around $64,000, while Ethereum traded near $1,900 with little conviction.