Bitcoin rises ahead of Federal Reserve decision
29/07/2026
Argaam
Bitcoin
Bitcoin's price rose during trading on Wednesday as investors awaited the Federal Reserve's interest rate decision, despite renewed conflict in the Middle East.
Markets are anticipating the Fed's decision, scheduled for later today, with investors focusing on Fed Chair Kevin Warsh's remarks at the press conference following the meeting for clues about the direction of monetary policy.
Cryptocurrencies showed mixed performance during trading, with Bitcoin rising to trade above $64,000, while Ethereum declined and continued to trade below $2,000.
Cryptocurrencies’ Prices
|
Cryptocurrency |
Price ($) |
Change ($) |
Change (%) |
|
Bitcoin |
64,400 |
592 |
0.93% |
|
Ethereum |
1,915.12 |
(0.87) |
(0.05%) |
|
Ripple |
1.0865 |
0.0243 |
2.29% |
* Prices are updated at 10:33 am Makkah time.
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