Bitcoin climbed back above $81,000 on Wednesday, October 28, rising about 2.3% over 24 hours to roughly $81,400 as a rally in Asian chip stocks spilled into crypto ahead of the Federal Reserve’s rate decision. Every major token traded higher, a sharp turn from Monday, when bitcoin slipped below $80,000 for the first time in more than a week.
HYPE and ZEC Lead the Majors
HYPE led the majors, jumping nearly 6% to just above $81, and ZEC rose 5% to about $1,300, according to CoinDesk data. DOGE gained 4%, BNB and SOL rose about 3% each, with BNB just under $760 and SOL above $102, and XRP added 3% to $1.32. Ether climbed 2% to about $2,360, while TRX lagged with a gain of about 1%. Pepe jumped 9.4% to top the CoinDesk 100, as Arkham Intelligence reported that wallets it links to Tron founder Justin Sun hold about $51 million of the token. CoinMarketCap’s Altcoin Season index rose to 60 from 57.