Crypto
FOMC Meeting Brings No Surprises as BTC Steadies Around $64K
The recent FOMC meeting failed to deliver any surprises for Bitcoin's price. The highly anticipated event saw BTC steady around $64,000 after recent volatility and reduce market risk driven by interest rates. In contrast to expectations of a rate hike, the lack of action has calmed the market.
Most large-cap altcoins have posted minor 24-hour losses, with HYPE dropping about 3% to under $54. UNI, on the other hand, surged to $4, indicating mixed DeFi and DEX activity.