Bitcoin Approaches $70,000 As Fed Maintains Interest Rate

**Despite expectations, the US Federal Reserve (Fed) has kept its interest rate unchanged, influencing the price of Bitcoin (BTC). The decision has lifted BTC's price by 3.22% to $68,785.91, aided by increased market volatility. The Fed's announcement is seen as a positive move for Bitcoin, which is expected to challenge the $70,000 resistance level. However, the broader market trend and the recent outflow of funds from spot BTC ETFs may impact Bitcoin's growth in the coming hours and shape its momentum. Long-term forecasts remain optimistic, with price targets set at $100,000.