Fed keeps benchmark rate at 3.5–3.75% as Powell signals data-dependent path; Bitcoin holds above $71K

The Federal Reserve left its policy rate unchanged at 3.5–3.75% this week, stressing it wants additional economic data before making any shift in stance. Chair Jerome Powell also commented on the remainder of his tenure and the transition to his eventual successor. Bitcoin ($BTC) stayed above $71,000 after the decision, while equities broadly edged lower. More from @jamieCrypto.