Bitcoin price rises after Fed keeps interest rates unchanged

Meanwhile, a new White House report on digital assets left unanswered questions about the administration’s long-promised Bitcoin Strategic Reserve.

The leading cryptocurrency rose 1% over the past 24 hours, holding above the $118,000 (£89,026) level. Broader market sentiment also turned positive, with Dow Futures, S&P 500 Futures, and Nasdaq Futures climbing 0.29%, 0.9%, and 1.31%, respectively, in pre-market trading.

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Altcoins showed mixed performance following the Fed’s decision. Ethereum (ETH-USD) gained 1.1%, while Solana slipped 0.4% over the same period.