The U.S. Federal Reserve left interest rates unchanged after its Federal Open Market Committee, or FOMC, meeting on Oct. 28 Eastern Time, in line with market expectations. Following the decision, Bitcoin briefly rose to $81,800 before pulling back. Market data later showed Bitcoin at $77,380, down 5.1% over the week. Ether was quoted at $2,225, with a weekly decline of 7.4%. The price figures cited in the report were attributed to CryptoPotato. The update was published by Techub as a policy and regulation news brief.
The U.S. Federal Reserve kept interest rates unchanged after its Federal Open Market Committee (FOMC) meeting on Oct. 28 Eastern Time, according to a Techub News brief. The decision was in line with market expectations.
After the announcement, Bitcoin briefly climbed to $81,800 before retreating. Market data later showed BTC at $77,380, down 5.1% on the week. Ether (ETH) was quoted at $2,225, with a weekly loss of 7.4%.
The market figures were cited from CryptoPotato.
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