Bitcoin Jumps in Value Today—Here’s Why It’s Gaining

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Bitcoin price is up today as the market comes to terms with the Fed interest rate benchmark remaining the same over the next few months.

Bitcoin has been up approximately 2.5% in the last 24 hours, trading around $105,000 on Jan. 30, as the market continues to digest what “somewhat elevated” inflation means moving forward for the economy.

Bitcoin price rallies as Fed rate decision meets expectations

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