Crypto gains 1.72% awaiting Fed's October 28 decision

With the crypto market climbing 1.72% across a 24-hour span, pushing the total worth of Bitcoin, Ethereum, and XRP to $2.71 trillion, investors were keenly focused on the Federal Reserve's upcoming October 28 decision alongside significant technology earnings reports.

This upward movement, seen on Wednesday, meant that Bitcoin, Ethereum, and XRP all saw gains as the market waited for these key economic and corporate announcements. Nevertheless, this recent recovery is facing a significant hurdle: traders are currently scrutinizing whether the cost of borrowing will stay the same.