Fed Holds Rates at 3.50–3.75% as Bitcoin, Ethereum Trade Flat Ahead of Powell

Published at 2026-01-28 19:30:24

The Federal Reserve on Wednesday maintained its benchmark interest rate at 3.50%–3.75%, a move that produced little immediate market drama. Bitcoin and Ethereum traded flat in the run-up to Chair Jerome Powell's scheduled remarks, with traders treating the speech as the next key input for asset allocation. The decision preserves current borrowing costs but leaves the door open for guidance to shape near-term sentiment.

For crypto investors, steady rates remove an immediate policy shock, but Powell's tone could still trigger volatility. A hawkish message could lift the dollar and bond yields and weigh on risk assets, while a dovish tilt might restore some risk appetite for digital assets. Market participants will be watching Powell for clues on inflation, the pace of future hikes and liquidity conditions that could influence BTC and ETH price action.

Share on:

Related news

Exodus Launches 'Exodus Pay' to Turn Bitcoin Wallet into Spending App

Exodus has launched 'Exodus Pay,' enabling users to spend BTC directly from their self-custodial wallet. The update aims to make holding and spending Bitcoin more seamless without moving funds to custodial services.

Published at 2026-04-10 16:45:35
Aethir Stops Bridge Exploit, Vows Compensation After Under $90K Loss

Aethir says it halted a bridge exploit on its Ethereum-linked contracts, keeping losses below $90,000. Security firm PeckShield had earlier estimated the damage at about $400,000; Aethir pledged to compensate affected users.

Published at 2026-04-10 11:15:12
Kraken's Federal Reserve master account raises U.S. financial risk concerns

Kraken has secured a master account with the Federal Reserve, but the risk-mitigation conditions tied to the account — and similar approvals that may follow — could introduce new vulnerabilities in the U.S. financial system.

Cango Sells 2,000 BTC Amid Miner Pivot to AI, Global Hashrate Drops 17%

Cango offloaded 2,000 BTC in a strategic deleveraging as the global Bitcoin hashrate fell about 17%, raising questions over whether this signals a buying opportunity or a warning. The move coincides with miners reallocating capital toward AI hardware, adding near-term sell pressure to BTC markets.

Published at 2026-04-10 05:45:15
Morgan Stanley’s Cut-Rate Bitcoin ETF Sparks Industry Fee War

Morgan Stanley launched the MSBT Bitcoin ETF with a 0.14% fee, undercutting BlackRock’s IBIT and intensifying an issuer fee war. The move could shift investor flows and compress margins across the digital-asset ETF market.

Published at 2026-04-10 00:45:09