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Bitcoin Surges 4.5% as U.S. Interest Rates Hold Steady for First Time in Five Days

The price of Bitcoin has experienced a rise for the first time in five days, reflecting a renewed investor appetite for high-risk assets following the Federal Reserve’s decision to maintain current interest rates. The leading cryptocurrency by market capitalization increased by up to 4.5%, reaching a value of $104,783.

In recent days, cryptocurrency prices had taken a downturn, influenced by fluctuations prompted by the Chinese artificial intelligence firm Deepseek, which subsequently impacted broader market trends. Throughout this period, Bitcoin’s performance has shown correlations with stock market movements.

Jerome Powell, the President of the Federal Reserve, has indicated that officials are not urgently considering a rate reduction. He noted that the central bank intends to observe further advancements in inflation before making any changes, particularly in light of last year’s series of price discounts.

According to Coinshares, the cryptocurrency market has become increasingly sensitive to interest rate changes. The firm’s analysis suggests that the recent cautious stance from the Federal Reserve may negatively influence cryptocurrency prices given the lack of immediate plans for rate reductions.

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