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Ethereum ($ETH) is trading near $1,800 ahead of a Federal Reserve policy decision — and what marks a notable milestone: Kevin Warsh's first meeting at the central bank's policy table.
The cryptocurrency's relative steadiness suggests traders are holding their positions rather than making directional bets until they see how the Fed signals its next move.
Why a Fed Decision Moves Crypto Prices The Federal Reserve sets the benchmark interest rate that ripples through every asset class, crypto included.
When the Fed raises rates, the appeal of risk assets — including digital currencies — tends to fall, because safer instruments like Treasuries become comparatively more attractive.
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