Bitcoin, Ethereum Steady as Fed Leaves Interest Rates Unchanged

Cryptocurrency markets displayed remarkable composure Wednesday following the Federal Reserve’s announcement that it would hold its benchmark interest rate steady. Bitcoin (BTC) and Ethereum (ETH), the two largest digital assets by market capitalization, showed minimal volatility immediately following the announcement, suggesting that the decision was already largely priced into the market.

As widely anticipated, the Federal Open Market Committee (FOMC) concluded its latest meeting by maintaining the target range for the federal funds rate at 5.25% to 5.50%. This marks the fifth consecutive meeting where rates have remained unchanged, a stability welcomed by risk assets. Fed Chair Jerome Powell emphasized that the central bank remains cautious, prepared to keep rates higher for longer if inflation resurgence occurs, but the general outlook supports the expectation of eventual rate normalization.

Bitcoin reacted calmly, trading within a tight range near the $65,000 mark immediately following the 2:00 PM ET release. Similarly, Ethereum traded steadily above the $3,500 level, avoiding any significant sell-off pressure. Analysts suggest that the lack of surprise removed a major immediate macro risk factor for the week, allowing investors to shift their focus back toward specific crypto catalysts, such as the ongoing developments in spot ETF markets and network scaling upgrades.

The steady market response highlights the increasing maturity of the digital asset sector, indicating that expected macro events no longer trigger the extreme volatility characteristic of earlier market cycles. Crypto prices are now increasingly influenced by internal industry news and long-term accumulation trends rather than short-term monetary policy shifts.

Source: Bitcoin, Ethereum Steady as Fed Leaves Interest Rates Unchanged