Bitcoin Rises More Than 5% as Fed Signals Rate Hold
Translated from Korean and summarized by DistantNews. Read the original for the full story.
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- Bitcoin rose 5.09% over 24 hours to trade at $81,099, according to CoinMarketCap data cited by the report.
- Ethereum gained 4.66% to $2,496.99, while XRP rose 7.77%.
Major cryptocurrencies moved higher after indications that the U.S. Federal Reserve could hold its benchmark interest rate steady.
Bitcoin was trading at $81,099 at 8:11 a.m., up 5.09% from 24 hours earlier, according to CoinMarketCap data. Ethereum rose 4.66% to $2,496.99 over the same period, while XRP gained 7.77%.
About this summary
Originally published by Chosun Ilbo in Korean. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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