Bitcoin extends about 86 thousand dollars after the Federal Reserve maintains the path, with price cuts in 2025 dropped

Bitcoin (BTC) turned the price to rise in March. 19 When the markets are keen to launch the minutes of the Federal Open Market Committee (FOMC) and a press conference from the Federal Reserve Chairman Jerome Powell.

In general, merchants closely monitor FOMC minutes, along with Powell’s comments, to obtain direct visions about the health of the federal reserve on US economic health, as well as their plans for monetary policy and interest rates.

In The Presser, Powell stressed that the Federal Reserve intends to leave interest rates unchanged, in its target scope between 4.25 % to 4.5 %, as it was since December 2024.

Although the Federal Reserve has reduced its view of economic growth and confirmed that the formation of inflation is still an adherent point, the Federal Reserve’s statements are largely in line with the expectations of the market participants.

Crypting and shares also expects to reduce the monetary policy of the Federal Reserve for quantitative tightening (QT), and the FOMC report confirmed that the central bank will reduce the “Ministry’s maximum monthly on treasury bonds from $ 25 billion to $ 5 billion.”

Related to: Bitcoin fluctuations are spilled around FOMC days – will this time be different?

In response to federal reserve data, the price of bitcoin added to its daily gains, as it gathered to a rise inside the day at 85,950 dollars at the time of writing this report.

DOW also added 400 points, while the S&P 500 77 added.

This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.