Bitcoin price reclaims $65K as Fed still considers three rate cuts this year In the March Federal Open Market Committee meeting, the Federal Reserve announced that it would keep its benchmark interest rate unchanged in the range of 5.25%-5.50%. This is the highest level in two decades and was kept unchanged for the fifth consecutive time in line with market expectations.
Bitcoin price could drop to $59K range as realized profitability for BTC rises sharply Bitcoin price is cutting down on some of the gains made over the past few days, skewing the bullish sentiment seen among altcoins. The weakness seen in the BTC market caused an untimely halt to both AI and meme coin sector rallies.