CDS Crypto News Why Crypto Soared Today? Did the FOMC Meeting Positive Affect Prices?
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Why Crypto Soared Today? Did the FOMC Meeting Positive Affect Prices?

Crypto soared today because the FOMC meeting is approaching.

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Why Crypto Soared Today? Did the FOMC Meeting Affect Prices?

Crypto News – As investors bet on a hold on the rate rise decision at the forthcoming FOMC meeting, cryptocurrencies saw minor gains on Tuesday.

Why Crypto Soared Today? Did the FOMC Meeting Positive Affect Prices?

Despite a variety of concerns that have caused some investors to stay away, the cryptocurrency market is still in the green on Tuesday, September 19. The current week is critical for the world’s financial markets since investors are anticipating the FOMC meeting set for Wednesday with great interest. In the meantime, the fear and greed index for the cryptocurrency market remained at 46, indicating a neutral mood in the market.

Which Tokens Rallied Today?

Tuesday saw the price of Bitcoin continue to rise, staying at $26,836.81, up 0.56% in the previous 24 hours. At the time of writing, it had a daily volume of $15,059,750,749. At the time of writing, the price of Ethereum increased by 0.32% from yesterday and was trading at $1,637.84. The volume over the previous day was $5,375,307,494.

With a volume of $1,008,015,589, the recently popular XRP price increased by 2.65% to $0.5058 at the time of writing. Conversely, the Cardano price increased by 1.68% and was trading at $0.2529, while the Solana price increased by 3.58% over the previous 24 hours to reach $19.84.

The meme coins, meanwhile, continued to go upward and erased some of their recent losses. Over the previous day, the price of Dogecoin increased by 0.70% to $0.06225, while the price of Shiba Inu increased by 0.37% to $0.000007288.

Why Crypto Soared Today? Did the FOMC Meeting Positive Affect Prices?
Sources:coingape
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lectertodd

Lectertodd is 25 years old. She graduated from Çankaya University, Department of Psychology, in 2021. She actively works as a writer, translator, and editor for various websites. Moreover, she loves reading, researching, and learning new things.

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