The Federal Reserve announced that it held its benchmark interest rate steady at 3.75%–4%, as markets had expected. Bitcoin had reached $81,687 ahead of the decision, then fell below $80,400. In the minutes after the announcement, it traded near $81,000, up about 0.5% over 24 hours.
Coinglass data showed more than $167 million in liquidations across the cryptocurrency market, including about $110 million in short positions.
