Bitcoin has remained stable amid the Federal Reserve's decision to keep interest rates unchanged, following a previous cut in December. Currently trading at around $117,777, Bitcoin has experienced a slight decline after reaching a record high near $123,000 two weeks ago. The Fed maintains a cautious stance due to ongoing inflation concerns, evidenced by a recent report showing inflation rates rising above the 2% target. While investors had previously anticipated multiple rate cuts this year to stimulate investment in risk assets like cryptocurrencies, the Fed Chair, Jerome Powell, emphasizes a data-driven approach. This cautious environment extends to the broader cryptocurrency market, with Ethereum and other major assets also exhibiting limited movement. Powell's forthcoming comments are expected to influence market sentiment significantly, particularly regarding potential shifts in policy and economic forecasts. Overall, the crypto market is closely monitoring macroeconomic indicators and the evolving trade landscape, as geopolitical pressures and inflation concerns continue to shape investment strategies.

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