The Federal Open Market Committee (FOMC) of the Federal Reserve (Fed) announced on the 7th (local time) through an official statement that it will hold the interest rates steady.
This aligns with market expectations. As a result, the US interest rate remains at 4.25%~4.50%.


JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.


!["No U.S. government backstop" shock…Bitcoin retreats to the $60,000 level; Ethereum also rattled [Lee Su-hyun’s Coin Radar]](https://media.bloomingbit.io/PROD/news/a68e1192-3206-4568-a111-6bed63eb83ab.webp?w=250)
