The crypto market grew by $79 billion in one day
The market capitalization of the crypto market reached $3.82 trillion after the release of the FOMC minutes on Wednesday, which the market reacted to positively.
✅ Bitcoin is holding above $113,600, recovering from a recent drop to $112,000,
✅ Ethereum is trading around $4,300.
✅ The Fear and Greed Index rose from 44 to a neutral level of 50, reflecting a recovery in sentiment.
However, analysts warn that the upcoming speech by Federal Reserve Chair Jerome Powell in Jackson Hole may trigger a new wave of volatility.