The Fed keeps the rates of stable, but here’s why he could be a bull for cryptocurrencies!

• Bitcoin held close to $ 105,000 because the Fed kept the stable rates, signaling potential bulls of swing
• Ethereum climbed to $ 3,220 and traders watched the breakthrough in the middle of the switching of macroeconomic conditions

The latest decision of the federal reserves for maintenance of interest rates sent cracks in the financial markets. Although traditional assets such as stocks and bonds saw mixed reactions, the crypto market seemed ready for a potential bull break.

The decision to maintain the rate is stable in harmony with wider expectations, but also sets the set for a set that is conducted in a digital property.

Fed’s decision and its impact on the market

The Federal Committee on the Open Market (FOMC) retained interest rates unchanged, citing stable inflation and economic resistance. 29. January, Federal reserves She announced her decision that the reference interest rate remained unchanged to 4.25%-4.5%.

The market participants generally expected this move, and many expected the reduction of the rate later in the year. Historically, stability or reduction of the rate were favorable for risky property, including cryptocurrencies, as they lead to greater liquidity and lower borrowing costs.

Since the Fed has held a cautious approach, investors change focus on the reduction of potential rates in the coming months. The expectation of lower rates encourages the risk of risk, uses property such as bitcoin, Ethereum and other crypto currency. This trend is in line with the previous cycles, where the FED pauses and the pigeons have historically encouraged the sets on the cryptocurrency market.

Bitcoin and Ethereum respond to the position of the Fed

After the Fed decision, Bitcoin (BTC) and Ethereum (ETH) recorded some resistance, with BTC traded close to $ 105,000 and returned ETH to $ 3200. The charts pointed to a strong support zone around the movable average of Bitcoin in the amount of $ 99,249.50, which suggests that the Bullish Momentum remains intact.

Similarly, Ethereum bounced key support, and the 50-day moving average at $ 3,420.08 enhanced the potential for further progress.

Merchants and institutional investors seem to accumulate both BTC and ETH, expecting an increase in liquidity. If the risk appetite continues to grow, Bitcoin could again test its recent maximums, while Ethereum can stimulate $ 3500 in the short term.

As the US index reacted

AND Dxy traded around 108 years. Dollar weakening usually uses cryptocurrencies because investors seek alternative value stores. Current stabilization in DXY seemed to hint that traders digest the Fed’s decision, but any movement down in the dollar index could further encourage Bitcoin and Ethereum more.

Historically, there is an inverse correlation between DXY and a crypto price. The decline in dollar power often leads to an increase in capital flows into digital assets, enhancing the bullish case for cryptocurrencies in the coming months.

In addition, S & P 500 It remains close to its highlights, indicating the confidence of investors despite macroeconomic insecurities. The shares tend to gather when a monetary policy moves towards the pigeon attitude, and the crypto often follows a similar pattern. The S&P 500 resistance suggested that the wider mood of the market remains positive, which could be spilled into the cryptocurrency sector.

If the shares are still well done, the connection between the stock and bitcoin indexes can lead to additional influx of cryptocurrencies, pushing the prices higher.

The trends of cryptocurrencies captures

The total market capitalization of cryptocurrencies climbed to $ 3.57 trillion – a sign of renewed interest in digital property. At the time of the press, the volume remained strong at $ 131.06 billion, suggesting that traders are actively positioning for a potential breakthrough.

The market in the market seemed to be in accordance with the wider expectations that liquidity conditions would improve – indicating lasting momentum in the crypto area.

The decision of the Fed to hold rates of stable and expectations of future reductions is a convincing case for a set of cryptocurrencies. Key indicators, including Bitcoin and Ethereum, the USA’s US Index and S&P 500, all suggested that the risk appetite can be increased at the time of the press.

If liquidity conditions are still improved and macroeconomic factors remain favorable, the market crypto could be on the verge of a significant increase. Investors should closely monitor these movements. Especially since they could provide the main opportunities for the growth of space for digital assets in the coming months.