ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News

ETH Back Above $1,200, as Federal Reserve Set to Pivot Policy – Market Updates Bitcoin News

Ethereum moved back above $1,200 on Thursday, as markets continued to react to the latest Federal Open Market Committee (FOMC) minutes. Yesterday’s report hinted that the U.S. Federal Reserve could pivot to smaller interest rate increases “soon.” Bitcoin was largely unchanged in today’s session.

Bitcoin

Bitcoin (BTC) mostly consolidated on Thursday, following news that the U.S. Federal Reserve could be set to move away from its aggressive rate hike policy.

Wednesday’s FOMC…


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