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Bitcoin Reclaims $77,500 as XRP Leads Major Tokens and Fed Hike Odds Fall to 62%

Bitcoin rose back above $77,500 as XRP led major tokens. All major cryptocurrencies gained over 24 hours, while only zcash and hyperliquid remained higher on the week. Fed hike odds fell to 62%.

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Bitcoin Reclaims $77,500 as XRP Leads Major Tokens and Fed Hike Odds Fall to 62%
Bitcoin moved back above $77,500, while XRP posted the strongest performance among major tokens, according to CoinDesk. The broader crypto market was also higher over the latest 24-hour period, with every major token in the green. Weekly performance remained more selective, however: zcash and hyperliquid were the only assets among those highlighted to maintain gains for the week. The market backdrop also included a decline in the odds of a Federal Reserve interest-rate hike, which fell to 62%. The combination of firmer daily trading across major cryptocurrencies and changing expectations for Fed policy shaped the latest market move. Bitcoin, XRP, zcash and hyperliquid were among the assets highlighted in the report.
Source CoinDesk This is an original Moneyiar brief based on the cited source.
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