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Bitcoin Surges as Fed Keeps Interest Rates Unchanged; Jerome Powell's Comments on Crypto Spark Controversy
Bitcoin increased by 4.5% on January 29, reaching about $105,000 after the Federal Reserve decided to maintain interest rates. This strong increase comes after five consecutive days of losses, signaling renewed appetite for riskier assets among investors. Cryptocurrency is now only slightly below $4,000 from its all-time high reached last week on the first day Donald Trump returned to office. The sudden price recovery also comes after market chaos due to the