Bitcoin Struggles Post-Fed; Altcoins Show No Move

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The US Federal Reserve kept rates unchanged. Bitcoin and major altcoins are in stagnation.

The decision regarding the general interest rates in the United States came in yesterday and the Federal Reserve didn’t really surprise the market. Bitcoin continues fighting for $105,000, going through some very moderate volatility in the interim, all the while altcoins are also stagnating.

The Fed did note some changes in its economic outlook, though, so let’s take a closer look at the events that transpired throughout the past 24 hours.

Bitcoin Price Battles for $105,000

At the time of this writing, Bitcoin’s price is trading at around $104,800, marking a very slight increase of around 0.2% on the daily chart seen below.

It’s worth noting that the cryptocurrency had declined to around $103,600 but the bulls were quick to intercept the move and pushed the price back towards $105K.

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