Before the FOMC decision, Bitcoin remains above $29,200, XRP and Dogecoin both have a 3% increase

The cryptocurrency markets were primarily trading higher on Wednesday before the US Federal Reserve announced its monetary policy. Ethereum (ETH) remained just above the 1,850 mark while Bitcoin (BTC) increased 0.22% to $29,212. The volume of Bitcoin was $10.78 billion, down 26.09% over the previous day. As investors eagerly anticipated the U.S. Federal Reserve’s decision, which is expected later today, bitcoin’s value stayed below the US$29,500 mark.

BTC has been steadily recovering even though it dropped to a one-month low at the start of the week. XRP, BNB, Dogecoin, and Solana, four other popular crypto currencies, were also trading at higher prices. In the meantime, the market capitalization of all cryptocurrencies was increasing, trading at roughly $1.18 trillion, up 0.40% over the previous 24 hours. DeFi presently accounts for $2.38 billion in total volume, or 8.99% of the 24-hour volume of the entire crypto market. Stablecoin volume as a whole was $23.96 billion, or 90.48% of the 24-hour volume of the whole crypto market. The largest cryptocurrency in the world by market cap, Bitcoin, was valued at over $568 billion. According to CoinMarketCap, the market share of Bitcoin is currently 48.32%, a drop of 0.08% from the previous day. Cryptocurrency Price Today

Bitcoin $29,212

Ethereum $1,852

Tether $0.9999

BNB $238

XRP $0.7002 \

Cardano $0.3019

Dogecoin $0.08038

Solana $23.45

Polygon $0.7057

Litecoin $89.57

Polkadot $5.19

Tron $0.08174

Shiba Inu $0.000007891

(Note: Price change in last 24 hours)