Crypto price today: Bitcoin trades above $83,100 ahead of FOMC meet; Toncoin, Stellar rise over 5%
monetary policy decision, while investors assessed the potential impact of Trump’s tariff policies.
The Fed is widely expected to keep interest rates unchanged in its policy statement, alongside an updated summary of economic projections (SEP).
Markets are currently pricing in about 60 basis points (bps) of rate cuts this year, though Fed officials have signaled a cautious approach, waiting for economic data before making any policy shifts.
As of 12:15 am IST, Bitcoin was up 1% at $83,174, while Ethereum gained nearly 2% to $1,935. The global crypto market cap rose 0.79% to $2.72 trillion in the past 24 hours.
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View Details»«Markets have maintained a cautious yet optimistic tone as the Federal Reserve’s two-day policy meeting unfolds. While no rate cuts are expected, investors are watching for any dovish shift amid economic uncertainties. The Fed’s updated dot plot and commentary will be key indicators of future policy direction,» said Shivam Thakral, CEO of BuyUcoin.
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«Bitcoin remains around $83,000, showing early signs of