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The Defiant 2025-01-29 22:07:36

Crypto Market Rallies After Federal Reserve Leaves Interest Rates Unchanged

The cryptocurrency market rallied on Wednesday after the Federal Reserve released its latest policy statement. The Fed announced that it will keep interest rates unchanged, a widely expected decision by financial markets. Following the release, the crypto market climbed slightly, with total market capitalization rising by 1% to $3.66 trillion, according to CoinGecko. Bitcoin (BTC) is up 3.3% to $103,800 in the past 24 hours. Meanwhile, Ethereum (ETH) gained 3% to $3,140, XRP added 2.2%, and Solana (SOL) surged 4% to $2.35. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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