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Bitcoin reclaims $80,000, Ethereum nears $2,620 despite hawkish Fed, CLARITY Act setback
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Bitcoin traded above the $80,000 mark and Ethereum near $2,620 despite a hawkish Federal Reserve decision and a setback for the CLARITY Act. Bitcoin was trading at $81,012, while Ethereum stood at $2,622 on the past 24 hours, Bitcoin gained 4.6%, and Ethereum rose 6%. Among major altcoins, BNB, XRP, Solana, Tron, Hyperliquid, Dogecoin and Cardano gained up to 6.2%.Riya Sehgal Research Analyst Delta Exchange said the rebound reflects improving risk sentiment and positioning. Cooling oil prices have eased inflation concerns. The rally also forced bearish leverage out of the market, accelerating the move through short TrackerTOP COINS (₹) XRP136 (6.53%)Ethereum254,364 (5.86%)Bitcoin7,816,044 (4.36%)BNB73,638 (2.1%)Tether96 (0.15%)
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