Bitcoin price surges to $105,000 post Federal Reserve meeting
Following the Federal Reserve’s decision to maintain interest rates and positive statements from Jerome Powell regarding banking services for digital currencies, the price of Bitcoin (BTC) reached $105,000. Since Donald Trump’s victory in the US presidential election, this digital currency has grown by over 50%, experiencing a brief dip to $101,800 before rapidly rising again. However, Gracy Chen, CEO of Bitget, believes that much of the optimism towards Trump’s pro-digital currency policies has already been factored into the prices. As a result of these developments, Ethereum (ETH) and Solana (SOL) also saw increases of 2% and 4.1%, reaching $3,184 and $239 respectively.
