The "Fed Factor" & Interest Rates

The biggest driver for today's price action is the Federal Reserve's FOMC meeting (concluded yesterday, Jan 28).

The Decision: The Fed decided to hold interest rates steady (between 3.5% and 3.75%).

The Impact: This "pause" in rate cuts has cooled down the massive "easy money" rally Bitcoin was enjoying. Because the Fed didn't lower rates further, institutional investors are moving some capital out of "risky" assets like BTC and into safer bets.$BTC #ZAMAPreTGESale #FedHoldsRates #GoldOnTheRise #VIRBNB