Bitcoin and Ethereum fell after the Federal Reserve held interest rates steady but signaled that inflation remains a bigger concern than growth.
BTC traded around $63,900, down 3% over 24 hours, while ETH slipped 3.4% to $1,733 as traders adjusted to a less supportive policy outlook. Currently, BTC has recovered to $64,300, while ETH is hovering around $1,744.
The selling spread across major tokens. XRP dropped 3.9% to $1.17, Solana lost 3.6% to $71, and Hyperliquid’s HYPE fell 7.2% to $69 after leading the market earlier in the week. Tron was the rare major asset in the green, rising 0.9%.
The move came even as stocks reacted positively to a separate geopolitical development. President Donald Trump signed an interim deal to end the war with Iran and reopen the Strait of Hormuz, helping S&P 500 futures rise as much as 0.9% and Nasdaq futures gain 1.5%. Brent crude also fell toward $78 per barrel.
Crypto did not follow that risk-on move because traders focused more on the Fed. The central bank left rates at 3.5% to 3.75%, but its updated projections pointed to higher inflation and fewer future rate cuts. Some officials also suggested rates may still need to rise.
That matters because crypto rallies often depend on easier liquidity. A hawkish Fed makes borrowing conditions tighter and reduces appetite for high-volatility assets. Analysts now expect Bitcoin to stay rangebound between $60,000 and $70,000 unless a stronger catalyst appears, such as more U.S.–Iran de-escalation or progress on U.S. crypto market-structure legislation.
Disclaimer: Please note that the contents of this article are not financial or investing advice. The information provided in this article is the author’s opinion only and should not be considered as offering trading or investing recommendations. We do not make any warranties about the completeness, reliability and accuracy of this information. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor, trader, or regular crypto users should research multiple viewpoints and be familiar with all local regulations before committing to an investment.
