The Fed has stable interest rates: BTC reaches $ 87k, XRP standing out

After days of decline, the United States Federal Reserve (Fed) decided to keep interest rates without changes for the second consecutive time, which provides relief to the cryptography market. The upper currencies such as btc, XRP and eth have experienced small profits in the last 24 hours.

Fed claim to remain in the interest rate

Despite the unpredictable movements derived from Trump's policies and the president's call to tariff reductions, The Federal Reserve announced At your last meeting, you would hold interest rates.

According to a statement at the beginning of March 20, 2025, the United States Federal Reserve (FED) announced that the Federal Open Market Committee (FOMC) had decided to maintain the federal fund rate in 4.25-4.5%. This means that the interest rate remained unchanged in the meetings of December 2024 and January 2025.

Jerome Powell said the US economy continues to grow at a constant pace, with the unemployment rate falling to its lowest level in months. However, inflation has not yet returned to the target level of the Fed, which remains the main reason why the Fed has not resumed the cuts of interest rates.

The decision of the rate occurred weeks after Trump began a global commercial war, which caused the prices of shares to fall and increase the fears of a possible recession. On the social media platform Truth Social Today, Trump asked for the Fed and Powell to cut the interest rate and control inflation. He also emphasized that he wanted lower interest rates to support his economic policies, such as promoting energy production and improving trade.

However, the Fed has maintained its independent position, and Powell emphasized that interest rate decisions will be based on economic data instead of political pressure.

Green light for the cryptographic market and the price of bitcoin

In addition to this rate of rate, the Fed also reaffirmed its prognosis of two rate cuts of 0.25% in 2025, focusing on the second half of the year. The position of the Fed reflects the uncertainty that Wall Street feels, the traditional financial markets and the cryptography market since Trump assumed the position and implemented several policies that went against generalized expectations.

After the announcement of the Fed, the main indices of US actions saw slight profits, partially recovering the losses recorded in February and March. Similarly, bitcoin btc He experienced a slight rebound from the range of $ 84,000 to $ 87,400, the highest price from March 8, which leads to a wide bullish trend throughout the cryptography market.

Upper coins like XRP XRP and eth eth It also saw significant profits today, with XRP increasing almost 15% in the last 24 hours, reflecting the growing optimism of investors.

Get more information: XRP Price Prediction: Will XRP demand your AT?

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