Bitcoin Reclaims $81K Ahead of FOMC Meeting, M Pumps by 12%: Market Watch

Bitcoin’s price has soared by around $2,000 over the past day as markets are preparing for the second-to-last US Federal Reserve FOMC meeting of the year later today. The altcoins have turned green as well, with ETH nearing $2,400 and XRP reclaiming the key $1.30 support. BTW and PEPE have rocketed once again. The primary cryptocurrency faced a sharp rejection precisely a week ago when the bulls managed to push it to a 14-day peak of $85,000. However, that was short-lived, and the asset quickly tumbled by over two grand.