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Crypto Market Rallies Amid Hawkish Fed Decision

Guavy AI Editorial Team
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Bitcoin has reclaimed the $80,000 mark, while Ethereum is nearing $2,620, despite a hawkish Federal Reserve decision and a setback for the CLARITY Act.

The global crypto market capitalization was up 4.1% to $2.86 trillion on Saturday, according to data from Coingecko.

Riya Sehgal, Research Analyst at Delta Exchange, attributed the rebound to improving risk sentiment and positioning, with cooling oil prices easing inflation concerns.

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