Bitcoin Holds Steady as Fed Keeps Interest Rates Unchanged and Powell Sidesteps Political Questions

Bitcoin traded near $89,170 after the Federal Reserve kept interest rates steady in its first 2026 meeting, as widely expected. Fed Chair Jerome Powell avoided commenting on political controversies involving President Trump and DOJ investigations, focusing solely on inflation. Investors are now closely watching for the Fed chair nomination next week, which could influence future policy and Bitcoin's price trajectory.