Bitcoin, Ethereum, XRP, Dogecoin Steady As Fed Keeps Rates Unchanged

Bitcoin continues to trade below $90,000 as the Federal Reserve delivered the expected interest rate hold.

Notable Statistics:

• Coinglass data shows 90,316 traders were liquidated in the past 24 hours for $281.97 million.       
• In the past 24 hours, gainers include Hyperliquid, DoubleZero and Canton.

Notable Developments:

• Why Bitcoin, Ethereum Sentiment Is So Cautious Even As Gold, Silver Surge
• Fidelity Launches FIDD Stablecoin To Challenge Circle’s USDC, Tether’s USDT
• Ripple Debuts ‘Ripple Treasury’ Following $1 Billion Acquisition
• Cathie Wood Expects More Bitcoin Consolidation, But Not For Much Longer
• As Gold Cracks $5,200, A Major Crypto Firm Stores 140 Tons In A Nuclear Bunker
• Hyperliquid Roars Past XRP, BNB With 65% Rally: Why Treasury Companies Buy The HYPE
• Bitcoin Reserve Bill Returns To South Dakota After ‘Volatility’ Killed It Last Year

Trader Notes: Trader Michael van de Poppe noted that the Fed holding rates steady isn’t the key takeaway.

Focus now shifts to forward guidance, QE expectations, overnight repo operations, and developments around the Japanese yen.

Powell’s upcoming speech is expected to be more market-moving than the rate decision itself.

Trader KillaXBT said Bitcoin’s structure remains weak heading into the monthly close unless it can reclaim the range and fill the wick.

The $83,900 low is still untested, leaving downside risk open.

While a short-term push higher in early February is possible, the broader setup points to continued downside pressure later in the month.

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