Bitcoin reaches $29k mark after latest FOMC meeting Bitcoin (BTC) surpassed the $29,000 mark after the US Federal Reserve (Fed) hit another 25 basis point rate hike. The Fed surged its fund’s rate to 5.25%, according to a CNBC report on May 3. This rate hike, similar to… Leave a Reply Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Filed under: Bitcoin - @ May 4, 2023 10:03 am