Bitcoin Rises as Traders Weigh Fed Decision, Tech Earnings — Market Talk

Bitcoin edges higher as investors digest the Federal Reserve's latest policy decision and earnings from U.S. tech giants Microsoft and Meta. The Fed left rates unchanged while Fed Chair Kevin Warsh provided little clues about future policy. Markets had priced in a slight chance of the Fed raising rates, causing the dollar to fall briefly in reaction to the decision. Microsoft shares rose after it delivered stronger-than-expected revenue growth forecasts. Meta shares, however, fell after its revenue guidance underwhelmed. Apple and Amazon are due to report after the U.S. market closes Thursday. Bitcoin rises 0.7% to $63,920, LSEG data show.([email protected])