finance
Altcoins Rise as Bitcoin Holds Near $65,000 Before Federal Reserve Rate Decision
Altcoins posted gains this week while Bitcoin traded near $65,000. Ethereum rose 22 percent after a bank issued a price target, and another token increased 34 percent over the week.
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Altcoins recorded price increases while Bitcoin remained near $65,000 ahead of an expected interest rate decision by the Federal Reserve.
Ethereum rose 22 percent after Standard Chartered set a $100 price target for the token. Another token identified as HYPE increased 34 percent for the week. Bitcoin traded near $65,000 as traders awaited the central bank's first rate decision under Chair Kevin Warsh.
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