The US Federal Bank (Federal Reserve) kept interest rates constant at the Federal Open Market Committee (FOMC) meeting. This decision caused a rapid rise in the crypto money market. While a general revival was experienced in the market, significant value increases were recorded in coins such as XRP, Island, Link and Sol. Investors closely follow the effects of interest rate decisions.
Comprehensive rise in the crypto currency market
After the FOMC meeting, a remarkable increase in the crypto currency market was observed. The market gained a total value of 6 %and reached a market size of $ 423 billion. Analysts say that the US Central Bank’s interest rate decision has a great impact on investor perception.
Market experts, interest rates can increase liquidity and this situation can increase the interest in crypto currencies, he says. Price mobility caused investors to re -regain their expectations for the sector.
There is a significant increase in transaction volumes in crypto currency exchanges. Investors closely follow macroeconomic data to determine the future trends of the market. While economic uncertainties continue, fluctuations are expected to be seen in interest in digital assets.
XRP, island, LINK and left strong performance
Coins, which attract attention in the crypto money market, are XRP, island, LINK and left. Ripple (XRP) 
$2.48after the interest rate decision gained more than 10 %value. CARDANO (ADA) with the rising transaction volume 
$0.000377 also exhibited a significant increase.
Solana (Left), with the interest of investor attracted the price up and became one of the most traded coins. Chainlink 
$14.46 (LINK), on the other hand, gained value in parallel with market mobility. Analysts say that the positive signals given by the interest rate decision to the market constitute price support for these coins.
While investors closely follow market movements, experts emphasize the effect of macroeconomic developments on crypto currencies as an element that needs to be carefully monitored. The US Federal Reserve’s impact on the future interest policies on the sector will continue to be great.
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.
