Bitcoin surges higher after Fed meeting, more mainstream adoption

It's been a rough week for bitcoin (BTC-USD) after notching new all-time highs above $61K last weekend. The crypto, however, is bouncing in a big way following the FOMC meeting, at which the central bank forecast sharply higher growth and inflation, but said it has no expectation of hiking interest rates anytime before 2023.That's manna for Bitcoin bulls, who have driven the price to just shy of $57K vs. about $55.5K not too long ago.Also making news today was a podcast appearance yesterday by Visa (V) CEO Alfred Kelly at which he said his company is ready to allow bitcoin to be purchased with a Visa credit card, and to allow bitcoin to be used for purchases at the more than 70M places globally where Visa is accepted.Earlier, Morgan Stanley became the first major U.S. bank to offer its wealth management clients access to bitcoin.