After several days of decline, the U.S. Federal Reserve (Feder) decided to keep interest rates unchanged for the second time in a row, thus easing the cryptocurrency market. Top coins like BTC, XRP and ETH have earned a slight gain in the past 24 hours.
Fed’s continued interest rate claims
Despite unpredictable moves by Trump’s policies and presidential calls for lower tariffs The Federal Reserve announces In its latest meeting, it will maintain interest rates.
According to a statement earlier on March 20, 2025, the U.S. Federal Reserve announced that the Federal Open Market Committee (FOMC) decided to keep the federal funding rate at 4.25-4.5%. This means that interest rates remain unchanged at meetings in December 2024 and January 2025.
Jerome Powell confirmed that the U.S. economy continued to grow at a steady pace, with unemployment falling to its lowest level in months. However, inflation has not yet returned to the Fed’s target level, which is still the main reason why the Fed has not resumed lowering interest rates.
The rate decision came weeks after Trump launched a global trade war, causing stock prices to fall and increased concerns about a possible recession. In today’s social media platforms truth social, Trump calls on the Federal Reserve Powell cuts off interest rates and controls inflation. He also stressed that he hopes to lower interest rates to support his economic policies, such as strengthening energy production and improving trade.
However, the Fed maintained its independent stance, with Powell stressing that interest rate decisions will be based on economic data rather than political pressure.
The green light of crypto market and Bitcoin price
In addition to this ratio decision, the Fed has reiterated its forecast of a 0.25% reduction in 2025, focusing on the second half of the year. The Fed’s position reflects the uncertainty felt by Wall Street, traditional financial markets and cryptocurrency markets, and implements several policies that violate broad expectations.
After the Fed announced the news, major U.S. stock indexes made slight gains, partially recovering losses recorded in February and March. Similarly, Bitcoin BTC It has experienced a mild rebound from the $84,000 range to $87,400 (the highest price since March 8), which is a wide rise in the cryptocurrency market.
Source: Coingecko
Top coins such as XRP XRP and eth eth Today, XRP has also seen a nearly 15% rate in the past 24 hours, reflecting investor optimism.
Source: Xiaodian
Learn more: XRP Price Forecast: Will XRP recover its ATH?
FED posts keep steady interest rates: BTC hit $87,000, XRP Surges first appeared on NFT nights.
