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Bitcoin Dips After Fed Holds Benchmark Rate at 3.5% to 3.75%

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2026-06-17 18:27:09
The Federal Reserve held its benchmark interest rate at 3.5% to 3.75% on Wednesday, and Bitcoin traded around $65,300 before dipping following the announcement.

According to NS3.AI, the Federal Open Market Committee said economic activity is expanding at a solid pace despite elevated uncertainty.

The rate decision was the first under Fed Chair Kevin Warsh.
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