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🔥BULLISH

Bitcoin Climbs Toward $81K as Tech Stocks Advance

Bitcoin and Ether gained ahead of the Fed’s rate decision, while the crypto market’s total capitalization stood at $2.80T.

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)

Related tokens
$BTC $ETH

Frequently asked questions

  1. 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%.

  2. What was Bitcoin's share of the crypto market?

    Bitcoin dominance stood at 58% as total crypto market capitalization reached $2.80 trillion.

  3. What did the Fear & Greed Index indicate?

    The Fear & Greed Index registered 51, categorized as Greed. The Altcoin Index stood at 59/100.

  4. 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.

  5. 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.

Source attribution
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