Cryptocurrency markets are waiting for the Fed decision! Bitcoin is on the rise
Global markets are focused on the Fed decision to be announced tonight. While the expectations are that the interest rate will be kept constant, the statements of Fed Chairman Jerome Powell and the changes in the notes of the monetary policy board are of great importance. When we look at the cryptocurrency market, there is an upward trend. In particular, Bitcoin, the leading cryptocurrency, gained 4.7 and climbed to the level of $ 37,700. This rise in Bitcoin has also affected altcoins.
All eyes are on the Fed 's decision in the markets. The critical decision will be announced tonight. As the tense wait continues, value increases began to occur in the crypto money markets. In particular, Bitcoin, the largest-volume cryptocurrency, increased by 4.7 percent as of this morning, reaching 37 thousand dollars. The increase in value in Bitcoin is also reflected in other coins. Ethereum, the second largest cryptocurrency, also gained 4% to $2,486.
RISE IN BITCOIN
Cryptocurrencies, which could not get out of the bear market, are focused on the Fed's critical decision. Bitcoin, which has lost 50 percent of its value from its historical peak, is trying to get out of the downtrend. Bitcoin, which started to rise as of this morning, saw the levels of 37 thousand dollars. This rise in Bitcoin has also affected altcoins.