Bitcoin and Ethereum rallied after a week of losses, mirroring gains made in global tech indices as the US Federal Reserve played down the likelyhood of hiking interest rates by 75 basis points at a time in coming months. The largest coin by market cap climbed 3.62% to US$39,665, changing hands at it highest level in nearly a week, although still below its key support level of US$40,000. Ethereum on the other hand gained 4.58% to US$2,935, also its highest level for six days but, like Bitcoin, still below its key support level.
The Crypto Report: Cryptocurrencies rally in sync with equities after Fed decision gives clarity
