Bitcoin Tops $81,000 as Crypto Rallies Before Fed Rate Decision
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Bitcoin rose above $81,000 as major cryptocurrencies gained ahead of the Federal Reserve’s interest rate announcement, with HYPE and ZEC leading the rebound.
Bitcoin traded above $81,000 during a broad cryptocurrency rally ahead of the Federal Reserve’s interest rate decision, according to CoinDesk.
HYPE and ZEC posted the strongest gains in the rebound. The advance extended across leading tokens, all of which were trading higher in the hours before the announcement.
The gains came while markets awaited the Fed’s rate call. CoinDesk’s update described trading before the decision, rather than a reaction to its outcome.
Source: CoinDesk
