Bitcoin nears $81,000 ahead of Fed decision as ZEC jumps 8%

Bitcoin climbed nearly 2% to just under $81,000 as of Wednesday Asian morning hours, clawing back the weekend’s slip to nearly $79,000 as traders braced for the Federal Reserve’s rate decision later in the day.

ZEC led the majors, jumping 8% to about $1,320 and putting it back above $1,300 after Monday’s selloff. HYPE added nearly 5% to about $81. XRP and DOGE rose roughly 3%, while ether gained 2% to just above $2,350 and SOL climbed about 2% to $102. BNB rose 1%, and TRX lagged with a gain of less than 1%, according to CoinDesk data.

The bounce came a day after Galaxy told investors that now is the time to accumulate bitcoin.