The cryptocurrency market continues to build momentum on Thursday as selling pressure subsides. Bitcoin (BTC) has notched three straight days of gains and is currently trading above $64,000, with bulls eyeing a potential breakout above the immediate $65,000 resistance.

Altcoins are following suit, with Ondo (ONDO) consolidating its breakout above $0.40 and Pump.fun (PUMP) approaching the key $0.0020 level.

Crypto market rises despite Fed’s hawkish tone, US-Iran tensions

The Federal Reserve (Fed) held interest rates steady at 3.50%-3.75% on Wednesday, aligning with market expectations. Notably, three Federal Open Market Committee (FOMC) members dissented, calling for a 25 basis-point hike.

Fed Chair Kevin Warsh struck a distinctly hawkish…