The crypto market is rebounding strongly following the Fed’s decision to keep interest rates unchanged.

The crypto market is rebounding strongly following the Fed’s decision to keep interest rates unchanged.

The market held its breath yesterday as the Fed decision was announced on the night of September 23, 2021 at 1 a.m. Vietnam time.

The resulting FOMC meeting will have a huge impact on the financial market in general and the crypto market in particular. As you know, most schools are waiting for this result right now, if the Fed continues to maintain the status quo and is holding the same level of bond purchases for the moment, this is what many investors want. However, when the economy recovers, the Fed’s acceleration system will be back to normal

The announcement at yesterday’s FOMC meeting that the Fed has stayed close to zero and is currently continuing to buy bonds is one of the very positive news and is making most schools recover very well.

The crypto market has been certified to regain strength after days of sharp declines, much to the horror of investors, but today the market is back in good shape. Given the growth of most coins, this is also a positive sign for the market.

Bitcoin, the largest cryptocurrency by market capitalization, rose 3.2% to $ 43,400, while Ethereum also saw strong growth, rising 7.1% to $ 3,063. The coins on the platform and the strong ecosystem have also grown very well such as SOL, DOT, LUNA, ATOM, MATIC … ..

AVAX continued to rise 22% in the last 24 hours and 23.7% in the last 7 days as AVAX was heavily poured by the market’s money. This is also one of those coins that you have been very interested in lately and that is hot right now.

Summary: The results of yesterday’s Fed meeting were quite good for the market, which is also a sign for investors to keep buying more crypto because they don’t want their assets to lose value for love. Trading and Crypto is still good long-term wealth channel investment.

Hope you get a lot of value from this article.