Key Takeaways:
The Federal Reserve decided on Wednesday to hold its benchmark interest rate steady in a target range of 4.25% to 4.50%, which was widely expected by market participants. Although this act signals some stability in the current economic environment, it served as a catalyst for a rally in the crypto market.
Crypto Soars Following FED’s Rate Decision
Major stock indices, such as the S&P 500 and Nasdaq, have faced corrections in recent weeks amid a general sense of economic anxiety, but the Fed’s move was posi ..
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