Fed holds rates steady, but here’s why it might be bullish for crypto! – BitRss

• Bitcoin held on close to $105k as the Fed kept rates steady, signaling potential bullish momentum
• Ethereum climbed past $3,220, with traders eyeing a breakout amid shifting macroeconomic conditions

The Federal Reserve’s latest decision to maintain interest rates has sent ripples across the financial markets. While traditional assets like stocks and bonds have seen mixed reactions, the crypto market appears poised for a potential bullish breakout.

The decision to hold rates steady aligns with broader expectations, but it also sets the stage for a liquidity-driven rally in digital assets. 

Fed’s decision and its market impact

The Federal Open Market Committee (FOMC) kept interest rates unchanged, citing stable inflation and economic resilience. On 29 January, the Federal Reserve announced its decision to keep the benchmark interest rate unchanged at 4.25%-4.5%. 

Market participants had largely anticipated this move, with many expecting rate cuts later in the year. Historically, rate stability or cuts have been favorable for risk assets, including crypto, as they lead to greater liquidity and a lower cost of borrowing.

With the…