CandleFocus BTC Price Rises Above $105K After Fed Decision, LINK Up 7% Daily (Market Watch)
2025-01-30
Author: Content Editor
Bitcoin's price, along with most altcoins, experienced volatility following the FOMC meeting but has since risen. BTC initially dropped to a multi-week low but quickly recovered and now sits above $105,000. The market anticipated the Fed's decision on interest rates, and when no cuts were announced, BTC temporarily dropped but then bounced back to trade at $105,500. Other altcoins like Ethereum, SOL, ADA, and TRX also saw price increases. The cumulative market cap of all cryptocurrencies has surpassed $3.710 trillion.
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