The market showed a muted response to the interest rate decision, as Bitcoin briefly surpassed $112,000 before retreating, while Ethereum maintained its position above $4,000. Bitcoin’s price movement was notable, as it initially experienced an uptick that took it over the $112,000 mark. However, this surge was short-lived, with Bitcoin declining shortly after reaching this peak. In contrast, Ethereum demonstrated more stability during this period. It consistently traded above the $4,000 threshold, reflecting resilience amidst market fluctuations. The overall reaction of both cryptocurrencies indicates a cautious sentiment among investors in response to the interest rate decision. While Bitcoin experienced volatility, Ethereum’s performance suggests a different trend, with its prices holding firm.
