Fed Holds Rates at 3.50%–3.75%; Bitcoin Steady Near $89,500

The Federal Reserve kept its benchmark rate at 3.50%–3.75% with a 10–2 vote on Jan. 29, BlockBeats reports. Bitcoin held near $89,500 following the decision. Spot gold rose to $5296.87/oz (+2.32% 24h) and silver to $113.31/oz (+0.91%).