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Bitcoin's price settled at $74,385 on Tuesday ahead of today's Federal Reserve decision. Bitcoin's price then rose slightly, anticipating reaching $80,000.
Bitcoin's price increased by 0.79% over the last 24 hours, supported by a temporary improvement in market sentiment. This shift reflects cautious optimism from traders.
Bitcoin's price briefly surged above $75,000, marking its highest level in six weeks during the trading session. The upward momentum subsequently retreated as selling pressure emerged.
The broader digital asset market experienced modest growth during the same period, with total market capitalization rising 1.1% to reach $2.54 trillion.
Ethereum outperformed most major assets thanks to its strong gains. Its price exceeded $2,300 after surging approximately 10% in a single day.
Ethereum's returns appear to be linked to ongoing inflows from ETFs() and increased activity in the ecosystem. These have been positive factors.
XRP's price registered gains over the last two days, with its price rising as major altcoins strengthened.