Crypto news: Bitcoin held above $115K as markets consolidated ahead of the FOMC meeting; Base announced plans for a Solana bridge and is exploring a token; the Bank of England proposed controversial stablecoin caps, prompting industry backlash.
Bitcoin above $115K while traders await the FOMC decision
Base will add Solana interoperability and is exploring a network token to support builders.
U.K. stablecoin ownership caps (£10K-£20K individuals) ignite regulatory debate; market neutral per fear & greed index.
Crypto news: Bitcoin holds above $115K as FOMC looms; Base to bridge Solana and consider a token. Read expert analysis and market impacts today.
What is the latest crypto news ahead of the FOMC meeting?
Crypto news today shows markets consolidating: Bitcoin remained above $115K while altcoins retraced ahead of the Federal Open Market Committee decision. Analysts say a dovish outcome could fuel upside, while caution or hawkish language may pressure prices short-term.
How could the FOMC decision affect Bitcoin and altcoins?
Short-term moves will hinge on Fed tone and the size of any rate cut. A 25 basis point cut is largely priced in, but a surprise 50bps cut could trigger renewed upside for BTC. Analysts at 21Shares and MEXC highlight a skewed risk-reward for Bitcoin, with downside scenarios placing BTC near $100K-$105K if the Fed is cautious.
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What were the price moves across major tokens in the past 48 hours?
Bitcoin held above $115K while several altcoins retraced after last week’s rallies. Ethereum pulled back about 5% from near $4.8K to $4.5K. Solana slipped roughly 7% from $249 to $230 before recovering toward $235. Ripple hovered around $3.
Source: CoinMarketCap (price snapshot)
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Market positioning reflects uncertainty. Experts like Matt Mena (21Shares) and Shawn Young (MEXC) note that a modest rate cut is priced in, so only a larger surprise likely produces a sharp rally. Fundstrat’s Tom Lee anticipates significant moves in the coming months, but multiple strategists warn that cautious Fed language could push BTC lower to the $100K–$105K band.
Coinbase’s Base announced plans to deploy a Solana bridge to improve interoperability and is exploring a Base network token to stimulate developer activity. Coinbase CEO Brian Armstrong described interoperability as a key barrier to mass adoption and framed the token plan as exploratory and not definitive.
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