On Thursday, Bitcoin stabilized around the $89,000 mark as a rebound in the U.S. dollar and persistent strength in commodities kept cryptocurrency trading relatively subdued. This came just a day after the Federal Reserve decided to maintain interest rates.
The leading cryptocurrency hovered near $89,100 during Asian trading hours, showing little change over the last 24 hours following an early-week drop below $88,000 that attracted buyers. Ether approached the $3,000 threshold while Solana, BNB, and Dogecoin experienced slight increases according to data from CoinGecko.
This lackluster price movement in crypto stood in stark contrast to more pronounced fluctuations observed across macro markets. The dollar recorded its largest single-day