The Federal Reserve, often called the Fed, is the central bank of the United States, established by the Federal Reserve Act on December 23, 1913. This section tracks how the U.S. central bank shapes crypto dynamics. The Fed ended its “reputational risk” guidance that hindered banks from offering crypto services and earlier eased restrictions on bank involvement in crypto and stablecoins. Additionally, analysts note that key interest rate decisions could trigger major crypto moves, like Bitcoin breaking its $124K all-time high if the Fed cuts rates in the coming months.