Bitcoin Surges Toward $40K as Fed Holds Interest Rates Steady

Bitcoin targets $40,000 as the Federal Reserve maintains interest rates, providing a boost to crypto markets.

The Fed's decision not to raise rates has emboldened investors and traders, with Bitcoin gaining momentum.

Altcoins like Solana, Avalanche, and Polkadot have also seen gains of 6-16% following the Fed's move.

The Fed remains vigilant on inflation risks and ready to adjust policy if needed, helping sustain market confidence.

With the Fed keeping rates steady, Bitcoin looks to recapture $40,000, a target firmly within reach according to analysts.