Ether (ETH) experienced a significant 7% increase over the past 24 hours, leading gains among major cryptocurrencies. This surge occurred as traders awaited the Federal Open Market Committee (FOMC) meeting results. Alongside ETH, memecoin dogecoin (DOGE) rose by 4%, while other Ethereum-based memecoins, pepe (PEPE) and mog (MOG), saw gains exceeding 5%. Major cryptocurrencies like XRP, BNB, SOL, and ADA each increased by 3%. Meanwhile, Tron’s TRX dipped after an earlier 5% surge. Bitcoin (BTC) rose by 2%, staying below $84,000, with the $80,000 level being closely monitored as a critical support threshold. The ETH/BTC ratio climbed from 0.23 to 0.24, signaling increased demand for ETH. Gold hit new highs above $3,000, showing an inverse correlation with Bitcoin, which is currently influenced by Fed policy uncertainty and a shift towards traditional safe-havens.
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![Crypto Market reacts to FOMC!! [Bitcoin & Ethereum price prediction!!]](https://i.ytimg.com/vi/2FX5TAbe7F4/mqdefault.jpg)
