Ether (ETH) Leads Post-Fed Crypto Market Rally as Yen (JPY) Weakness Sparks Risk-On Frenzy

Following the FOMC choice, a number of key macro belongings have reacted positively. The U.S. Greenback Index (DXY) rose by 0.36%, pushing the index again above 101, a stage broadly thought to be very important. In the meantime, the USD/JPY trade charge, which had dropped to round 141 simply earlier than the Fed’s announcement, has since climbed to roughly 143.5. The weakening yen has additional bolstered risk-on belongings, together with cryptocurrencies.