Bitcoin Price Plunges Amid Fed Decision: Volatility Fueled by Interest Rate Hike

The Federal Reserve’s decision to maintain interest rates at 4.50% has triggered notable volatility in Bitcoin prices, pushing the cryptocurrency closer to $97,000. This move comes as market players await further guidance from the Fed regarding future policy adjustments. The decision by the Fed directly impacts Bitcoin’s price movements, highlighting the link between macroeconomic trends and the cryptocurrency market.