Bitcoin Surges Toward $40K as Fed Holds Interest Rates Steady
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Bitcoin targets $40,000 as the Federal Reserve maintains interest rates, providing a boost to crypto markets.
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The Fed's decision not to raise rates has emboldened investors and traders, with Bitcoin gaining momentum.
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Altcoins like Solana, Avalanche, and Polkadot have also seen gains of 6-16% following the Fed's move.
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The Fed remains vigilant on inflation risks and ready to adjust policy if needed, helping sustain market confidence.
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With the Fed keeping rates steady, Bitcoin looks to recapture $40,000, a target firmly within reach according to analysts.
