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Reading: Bitcoin ran for $ 86,000, the crypto currency market revived! What’s going on?
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EdaFace Newsfeed > Latest News > Crypto News > Bitcoin ran for $ 86,000, the crypto currency market revived! What’s going on?
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Bitcoin ran for $ 86,000, the crypto currency market revived! What’s going on?

vitalclick
Last updated: March 20, 2025 12:57 pm
2 hours ago
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A general recovery was observed in the crypto money market in the last 24 hours. Bitcoin $85,190.76Approaching $ 86,000, XRP increased by 10 percent. Following the FOMC meeting, the US Federal Bank (FED) kept interest rates fixed. The Fed revised its major expectations down to 2027. Experts pointed out that the market will continue to watch wavy.

Rise in Bitcoin and AltcoinsExpert Opinions and Official Explanations

Rise in Bitcoin and Altcoins

Bitcoin gained value with purchases in the Asian session and approached $ 86,000. Ether increased by 3 percent and closed the day positively. Solana, Dogecoin $0.171544 And BNB Chain assets rose below 6 percent, while UNISWAP gained 8 percent. This increase in UNISWAP was associated with token owners approved the $ 165 million fund offer.

XRP drew attention with an increase up to 12 percent. Ripple $2.48 The end of the long -term litigation process of Labs with the US Securities and Stock Exchange Commission (SEC) positively affected the price movement. It was also suggested that XRP -themed futures products for local investors will be initiated in the region.

Expert Opinions and Official Explanations

US President Donald Trump said it would be more appropriate for the Fed to reduce interest rates. According to Trump, interest rate cuts may be required due to changes in commercial tariffs.



Economic Consultant Kevin Hassett said that the FED did not participate in the expectation of 1.7 percent envisaged by the FED and said that the prediction closer to the real rate was 2.5 percent.

This rise following the recent decreases in the crypto money markets was considered as a “relief splash” by experts. Signalplus Analyst Augustine Fan stressed that this increase took place with the stability of the market.

BTSE Operations Manager Jeff Mei said that market sensitivity is weak, and that the FED President Jerome Powell did not give a negative message in his statements.

Investors are advised to be careful against increasing volatility in the coming weeks. Experts, macroeconomic data and Central Bank decisions will be decisive on the future of the market, he says.

Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.

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