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Fed decision stirs crypto as Bitcoin hovers near $80k amid mixed moves

Fed decision stirs crypto as Bitcoin hovers near $80k amid mixed moves

Ahead of the U.S. Federal Reserve (Fed) benchmark interest rate decision, major virtual asset prices are showing a mixed trend.

At 8:26 a.m. on the 26th, on the global virtual asset market tracker CoinMarketCap, Bitcoin was trading at $80,162, down 0.41% from 24 hours earlier. Over the same period, Ethereum was trading at $2,327, down 0.55%. In contrast, XRP (Ripple) was up 0.29% at $1.29, and BNB was also up 0.52% at $738.72.

서울 강남구 서초구 빗썸라운지 강남본점에서 비트코인 모형이 놓인 바닥에 코인 시세 그래프가 비치는 모습./뉴스1
A coin price chart reflects on the floor where a Bitcoin model sits at the Bithumb Lounge Gangnam Main Branch in Seocho-gu, Gangnam-gu, Seoul./Courtesy of News1

This is seen as stemming from growing wait-and-see sentiment among investors ahead of this week’s Federal Open Market Committee (FOMC) rate decision. The Fed…

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