Bitcoin rose nearly 2% toward $81,000 on Wednesday as technology stocks advanced ahead of the Federal Reserve’s interest rate decision. BTC traded at $80,976, up 1.57%, while Ether reached $2,358, up 1.97%.
Why it matters
The gains came as investors awaited the Fed’s decision, putting crypto’s move alongside strength in technology shares. The market’s total capitalization was $2.80 trillion, with Bitcoin dominance at 58%.
Market impact
The Fear & Greed Index registered 51, or Greed, and the Altcoin Index stood at 59/100. Among listed small-cap gainers, Anoma rose 65.3% and ZZZ gained 48.3%.
Funding activity included an $8 million Series A for Predicate led by Blockchain Capital, a $16 million strategic round for Luxor led by CMT Digital, and a $4.9 million seed round for Mochatrade led by CoinFund.
Source: [source](https://webappcsdfedsssd.controller.bot/media/files/8336652911/AgACAgIAAxkBAAJYhGrhrd2W5mm201UmXHySbUZLW2NiAAJ9HmsbWCwQS5YtQp3lXrRkAQADAgADeQADPQQ?sig=QT4ZJPsHOpPQ5PmXIQTLYm6aIRMacf1hNnJQhXz_BUU)
Frequently asked questions
-
What prices did Bitcoin and Ether reach in the update?
Bitcoin traded at $80,976, up 1.57%, while Ether reached $2,358, up 1.97%.
-
What was Bitcoin's share of the crypto market?
Bitcoin dominance stood at 58% as total crypto market capitalization reached $2.80 trillion.
-
What did the Fear & Greed Index indicate?
The Fear & Greed Index registered 51, categorized as Greed. The Altcoin Index stood at 59/100.
-
Which listed small-cap asset posted the largest gain?
Anoma was the biggest listed small-cap gainer, rising 65.3%. ZZZ followed with a 48.3% gain.
-
What funding rounds were reported?
Predicate raised $8 million in a Series A led by Blockchain Capital, Luxor secured a $16 million strategic round led by CMT Digital, and Mochatrade raised a $4.9 million seed round led by CoinFund.