Markets are ending the week strong after a rocky week of gains and losses. The price of Bitcoin is now $43,139, according to CoinGecko. That’s a seven-day rise of 3%.

All eyes were on the biggest digital asset by market and what it would do before, during, and after the Federal Reserve’s Wednesday announcement on interest rates.

Traders had already priced in that interest rates would stay the same—and they did—and Bitcoin (BTC) traded flat for a bit while other coins and tokens dipped.

But the price of the asset then dropped a bit following a more hawkish press conference in which Federal Reserve Chair Jerome Powell made it clear that the central bank wasn’t in much of a hurry to lower interest rates. Stocks took a beating, too.

At one point, the lowest BTC traded for was below $42,000 per coin.

Go to Source to See Full Article
Author: Mathew Di Salvo

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details