Crypto market rebounds as traders adjust positions ahead of US Fed policy announcement

Crypto prices strengthened as Bitcoin reclaimed $92,000 and Ethereum crossed $3,300, while sentiment improved ahead of the Fed’s December rate decision.

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5 days ago

Crypto market rebounds as traders adjust positions ahead of US Fed policy announcement

Crypto market rebounds as traders adjust positions ahead of US Fed policy announcement
Market momentum turned positive as the total cryptocurrency market capitalization climbed 3 percent to $3.2 trillion, signaling a gradual recovery across major digital assets. Bitcoin advanced 2.3 percent to $92,496, while Ethereum surged 6 percent to trade near $3,312. Solana continued its steady rise with a 3.9 percent gain to $138. Mid-cap tokens outperformed large caps, led by Zcash with an 11 percent jump, Avalanche rising 6.2 percent, and Monero gaining 5.4 percent.