Fed maintains 5.25%-5.50% interest rates, Bitcoin returns above $35,000

The U.S. Federal Reserve’s Federal Open Market Committee (FOMC) announced that it would keep its benchmark fed funds rate range unchanged, resting at 5.25%-5.50%.

Cryptocurrency markets saw significant activity in response to the Fed’s decision. Solana (SOL) led the charge, with a remarkable 16% surge, while Bitcoin gained 3.4%.