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Crypto Rally Mirrors Equity Strength as FOMC Looms

Crypto Rally Mirrors Equity Strength as FOMC Looms

Cryptocurrency markets entered March 17 on stronger footing, with Bitcoin trading above $75,800 and Ethereum climbing past $2,360 – gains that track a broader equity rebound but diverge on volatility expectations ahead of the Federal Reserve’s 3 p.m. ET policy announcement.

The three major tokens posted double-digit 24-hour gains: Bitcoin up 4.52%, Ethereum surging 8.47%, and Solana rising 4.09%. Total crypto market cap hovered near $2.59 trillion, with Bitcoin dominance steady at 58.76%, signaling institutional confidence in the category’s largest asset.

The momentum mirrors Monday’s U.S. equity rally. The S&P 500 closed Monday at 6,699.38, +1.01%, after oil prices retreated from geopolitical peaks. Energy concerns that had…

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