Top Crypto Gainers After Fed Meeting
Wednesday’s FOMC turned out to be a nothing burger, a win for the bulls considering the recent bullishness in the crypto market.
The Federal Reserve kept its target rate unchanged at 425 – 450 basis points, which was in line with the market expectations.
Moreover, the Fed Chair Jerome Powell stayed with the “wait and see” theme in his post-FOMC remarks, despite acknowledging the increasing macroeconomic uncertainty.
Crypto prices are seeing an across-the-board uptick, with the FOMC uncertainty now behind them. After initially dipping to $95,800, the Bitcoin price has climbed to $98,000 in early Asian trading hours.
Meme coins have also benefited from Wednesday’s FOMC, with Mog Coin, Popcat and Ponke among…
