Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways
The post Here’s Why The Bitcoin And Ethereum Prices Are Still Trading Sideways appeared on BitcoinEthereumNews.com.
Cryptocurrency markets have shown limited momentum this week, with both Bitcoin and Ethereum lingering in narrow price ranges. This price action comes on the heels of the US Federal Reserve’s decision to keep interest rates unchanged. Traders and investors appeared to have taken a wait-and-see approach, leaving the largest digital assets stuck in consolidation without any breakout in either direction. Fed Policy And Market Expectations The Federal Reserve chose to hold benchmark interest rates at 3.50-3.75% in its latest policy meeting on Wedensday, a decision that was largely anticipated by markets. Still, this meeting marked the first pause in policy easing since July 2025, ending a stretch where the central bank cut rates three times last year while assessing how the economy was responding to President Donald Trump’s combative fiscal and trade policies. By choosing to step back from further cuts, policymakers have now taken a more cautious stance before adjusting rates again. However, two governors dissented, preferring a quarter-point cut. Stephen Miran, as well as Christopher Waller, advocated for a 25-basis-point cut. The pause is continued caution about inflation and economic data, suggesting further easing won’t come without clear evidence of weaker economic conditions. In its statement, the Federal Reserve noted that the Committee is strongly committed to supporting maximum employment and returning inflation to its 2% objective. This kind of higher-for-longer message can dampen risk appetite, and cryptocurrencies, which are viewed as risk assets, are feeling the impact. Bitcoin And Ethereum Locked In Tight Consolidation Recent price action across Bitcoin and Ethereum continues to indicate a market stuck in indecision. Bitcoin briefly tested the psychological $90,000 level but failed to establish acceptance above it, slipping back into a narrow range around $87,000 to $89,000. A recent rejection at $90,000 has limited upside follow-through and has kept both buyers…
Filed under: News - @ January 29, 2026 11:29 pm