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Crypto market gains $150B as Bitcoin reclaims $94K ahead of Fed decision
Source: CryptoNewsNet Original Title: Crypto market gains $150B as Bitcoin reclaims $94K ahead of Fed decision Original Link: https://cryptonews.net/news/bitcoin/32111097/ The crypto market added $150 billion on Tuesday afternoon as Bitcoin rose to $94,000, climbing over 2.5% on the day.
Bitcoin’s move helped lift the broader market, with ETH up 6% to $3,320, SOL at $140, and XRP reaching $2.10. The upward momentum was likely driven by market expectations of a 25 basis point rate cut, which is already being priced in ahead of tomorrow’s FOMC meeting.