Crypto Market Rockets to $2.73T as Fed Rate Hike Fears Evaporate

The crypto market’s overall valuation turned sharply higher Thursday, pushing its total value to $2.73 trillion as fading expectations for another Federal Reserve rate increase sent traders piling back into digital assets. The move stretched across the broad market rather than staying concentrated in one corner. Bitcoin climbed roughly 4.8% and touched $81,364, while ethereum […]
Key Takeaways
- The crypto market’s overall valuation turned sharply higher Thursday, pushing its total value to $2.73 trillion as fading expectations for another Federal Reserve rate increase sent traders piling back into digital assets.
- The move stretched across the broad market rather than staying concentrated in one corner.
- Bitcoin climbed roughly 4.8% and touched $81,364, while ethereum […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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