The Fed's comments following the release of the rate decision were in line with market expectations. with market expectations. The price of bitcoin rose to $105,000 after the Fed confirmed that it will leave interest rates unchanged in the current 4.25% to 4.5% range. Although Fed Chairman Jerome Powell and other members of the regulator acknowledged that inflation remains "somewhat elevated." the central bank has opted for a "wait-and-see" strategy, leaving all options for monetary policy open in the short term. Technically, the cryptocurrency's price is once again near an all-time high highs.