The Federal Reserve (Fed) held its benchmark interest rates steady, and as the New York stock market closed higher, the virtual asset market is also showing a slight upward trend.
According to CoinMarketCap, a global virtual asset market tracking site, as of 7:50 a.m. on the 8th, Bitcoin was trading at $97,257, up 1.01% from the previous day. At the same time, Ethereum, the second-largest by market capitalization, was trading at $1,817, up 0.35%.
Meanwhile, Ripple, loved by Koreans, fell 0.93% to $2.12, while Solana, which drew attention from the meme coin craze, was trading at $147, up 1.11%.
On the other hand, the Fed maintained the benchmark interest rate at the current range of 4.25% to 4.50% during the Federal Open Market Committee (FOMC) meeting. The Fed noted that "uncertainty regarding the economic outlook has increased further" and that "the risks of a higher unemployment rate and inflation have grown."