Bitcoin Soars After Fed Holds Rates, US Stocks See Modest Gains

The cryptocurrency market saw substantial gains on Wednesday as Bitcoin surged past $96,500 following the Federal Reserve’s decision to maintain interest rates. Despite this modest market movement, US stocks experienced a mixed performance. The S&P 500 ended slightly higher, while tech companies like Apple and Alphabet faced significant losses. This uncertainty reflects the ongoing tug-of-war between economic concerns and global trade tensions.