Home CoinDesk Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K

Federal Reserve Leaves Rates Unchanged; Bitcoin Flat at $34.5K

by Hataf Finance
0 minutes read

“Fed interest rate decisions have seen reduced medium-term directional impact on BTC as correlations reign moderate, K33 analysts Anders Helseth and Vetle Lunde noted in a market preview Tuesday. “We still expect a significant intraday volatility contribution from the Wednesday FOMC, as the market typically reacts with bursts of strongly correlated and heightened volatility during the FOMC hours.”

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