## Significant News: Bitcoin’s Measured Reaction to the Federal Reserve’s Rate Choice
Subsequent to the newest interest rate declaration from the Federal Reserve, the cost of Bitcoin has not shifted considerably. It is presently floating near $84,231 on Bitstamp, displaying a slight rise of roughly 1.5%.
The central financial institution additionally considerably decreased its GDP growth prediction for 2025, decreasing it to a simple 1.7%. Bitcoin Digging Achieves a Significant Triumph in US Rule-making
Intriguingly, there are presently four Federal Reserve representatives who do not predict any rate decreases occurring.
The contemporary FOMC assertion suggests increased ambiguity concerning the financial perspective.
The Federal Reserve chose to keep firm, retaining the key interest rate in a spectrum of 4.25%-4.50%, which was broadly expected by specialists.