Bitcoin Trades Near $76,000 as Fed Holds Rates for Third Straight Meeting [Crypto Briefing]

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\r\n[Financial News] Bitcoin was trading near $76,000 on the 30th. The market is searching for direction after the Federal Reserve System (Fed) kept its benchmark rate unchanged for a third straight meeting.
According to CoinMarketCap, Bitcoin was trading at around $76,000 as of 10:30 a.m. on the day, down 0.05% from the previous day on a 24-hour basis. Over the past week, Bitcoin has fallen 2.49%.
Bitcoin is trading at around 113 million won in the Korean won market. Based on Cryprice, the Korea premium stands at 0.28%.
On the 29th local time, the Fed held its benchmark rate steady at 3.50% to 3.75%. The Fed said inflation remains elevated, reflecting the recent rise in global energy prices, and signaled that it will closely review economic data, changes in economic forecasts and risk factors when deciding future rates.
Heo Jin-wook, an analyst at Samsung Securities, said, "Jerome Hayden Powell's final Federal Open Market Committee (FOMC) meeting ended smoothly and in line with expectations." He added, "The key variable remains how much and how long oil prices will rise in connection with the Iran crisis."
The 'CoinMarketCap Crypto Fear and Greed Index' stood at 40 on the day, indicating 'neutral.' The index ranges from 0 to 100, with values closer to 0 interpreted as 'extreme fear' and those closer to 100 as 'extreme greed.'
At the same time, Ethereum was trading near $2,273, down 0.53% from the previous day. Ripple (XRP) was trading near $1.37, up 0.01%.
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yimsh0214@fnnews.com Lim Sang-hyuk Reporter