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Bitcoin Price Drops After U.S. Federal Reserve Holds Interest Rates Steady

June 15 (Cointime) - The Federal Reserve in the US has decided to maintain its federal funds interest rate at 5.25% after a series of rate hikes. Following the announcement, the price of Bitcoin fluctuated and briefly exceeded $26,000 before dropping back down, according to TradingView data. Currently, Bitcoin is trading at approximately $25,830 and has experienced a slight decrease of 0.5% today.

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