Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced - Time to Buy?

Amidst the US Federal Reserve's latest policy meeting on Wednesday, Bitcoin price finds itself in a consolidation phase near the $29,300 mark. The much-anticipated announcement revealed a 25 basis points (bps) increase in the policy rate, setting the federal funds rate within the range of 5.25% to 5.5%. As the decision aligns with market expectations, investors are closely observing its potential ramifications on the cryptocurrency market. ...