Bitcoin, XRP jump as Fed holds rates steady
Yahoo Finance·2026-01-29 02:16

Bitcoin (BTC) and XRP rose higher after the Federal Reserve’s first policy call of 2026. It’s one of those days where macro traders are staring at the same things. The Fed decision on interest rates, and Chair Jerome Powell’s statement during the press conference. Crypto just happens to be the loudest “risk-on” gauge on the screen when the market is feeling jumpy. And while the base case is boring - no rate cut - that outcome is now confirmed. Related: Treasury Secretary says millions of Americans may s ...