Ether (ETH) Leads Post-Fed Crypto Market Rally As Yen (JPY) Weakness Sparks Risk Frenzy

Following the FOMC decision, several key macro assets reacted positively. The US Dollar Index (DXY) rose 0.36%, pushing the index back above 101, a level generally considered vital. Meanwhile, the USD/JPY exchange rate, which dipped to around 141 just before the Fed announcement, has since climbed to around 143.5. The weakening of the yen further boosted risk assets, including cryptocurrencies.