Bitcoin's price settled at $74,385 on Tuesday ahead of today's Federal Reserve decision. Bitcoin's price then rose slightly, with expectations of reaching $80,000.

Bitcoin's price increased by 0.79% over the past 24 hours, supported by a temporary improvement in market sentiment. This shift reflects cautious optimism from traders.

Bitcoin's price briefly rose above $75,000, marking its highest level in six weeks during the trading session. The gains later retreated as selling pressure emerged.

The broader cryptocurrency market experienced modest growth during the same period, with total market capitalization rising by 1.1% to reach $2.54 trillion.

Ethereum outperformed most major assets thanks to its strong gains. Its price surpassed $2,300 after jumping approximately 10% in a single day.

Ethereum's returns appear to be linked to continued inflows from exchange-traded (ETFs) and increased activity in the ecosystem. These have been positive factors.

XRP's price recorded gains over the past two days, with its price rising as major altcoins strengthened.