Fed keeps rates steady, BTC rebounds to about $76.3K as Warsh candidate draws crypto attention

The Fed held interest rates steady at 3.5% to 3.75%, according to the CoinDesk source text.

In crypto markets, the same source says Bitcoin recovered to around $76.3K, up about 1.35%. That move is framed alongside broader macro pressure, not a crypto-specific catalyst.

The CoinDesk also points to Warsh, described as a Fed chair candidate, drawing attention for crypto investments. The text does not add details beyond that premise, so the emphasis stays on “attention” rather than specifics.

On the macro side, Middle East conflict pressure is cited as a reason gas prices reached $4.22, also in the CoinDesk source text. Higher energy costs can feed inflation worries, which in turn keeps attention on the Fed.

So the headline narrative is simple. The Fed paused. Bitcoin bounced. Energy prices and political attention around a Fed chair candidate added noise to an already tense macro mix, per CoinDesk.