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We have come to the end of another critical day in the cryptocurrency industry. As of today, the US Federal Reserve (FED) announced its new interest rate decision. By keeping interest rates constant in line with expectations, the FED prevented financial markets from encountering any surprises.
Although the leading cryptocurrency Bitcoin (BTC) was not affected by the interest rate decision, it fell after the statements of FED chairman Jerome Powell.
Along with the decline of Bitcoin, the leading altcoin Ethereum (ETH) also lost value. In the last hours, BTC and ETH were seen to recover again.
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