Bitcoin (BTC) registered a substantial rally on Wednesday after the Federal Reserve kept interest rates steady between 4.25% and 4.50%. The flagship cryptocurrency surged over 5%, surpassing key moving averages and $85,000 to reach an intraday high of $87,038.
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Bitcoin (BTC) surged to a 10-day high, rising over 5% on Wednesday to a peak of $87,038 after the rate-setting Federal Open Market Committee (FOMC) left interest rates unchanged, aligning with market expectations. The flagship cryptocurrency is up over 3% in the past 24 hours and trading at $85,458.
This article explores the current crossroads that Shiba Inu (SHIB) and Dogecoin (DOGE) are facing, as they reach new all-time highs (ATHs) or potentially face their demise in the cryptocurrency market this year.
