Bitcoin surges 8%, market rebounds after Fed announces keeping interest rate

Bitcoin surges 8%, market rebounds after Fed announces keeping interest rate

On March 20, the U.S. Federal Reserve (Fed) decided to keep interest rates at their current level.

 

Following the interest rate news, Bitcoin made an impressive “comeback” with an 8.14% increase in just 24 hours. ETH, SOL and BNB also saw gains of 10.03%, 10.49% and 9.21% respectively.

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