Reserve

FOMC

Strong

Gains

<ul class="news-points"> 
 <li>The crypto market is bullish ahead of the Federal Reserve FOMC meeting; Bitcoin broke $43,700.</li> 
 <li>SEI and SUI surged over 8%, with increased market cap and volume, eyeing to breach resistance.</li> 
 <li>Solana’s potential breakout from the descending channel could lead to a $113 target price.</li> 
</ul> 
Investors are on edge as the <a href="https://coinedition.com/market/" target="_blank" rel="noreferrer noopener">crypto market</a> waits for the impending Federal Reserve FOMC meeting, with the interest rate decision scheduled for January 31. As a result, bullish momentum has <a href="https://x.com/fxevolution/status/1752100902025179314?s=20" target="_blank" rel="nofollow">revived</a> in the cryptocurrency market as investors anticipate a positive outcome from the conference. 
This increased confidence has resulted in an increase in trading volume and a jump in prices for several cryptocurrencies, with <a href="https://coinedition.com/what-is-bitcoin-everything-you-need-to-know/" target="_blank" rel="noreferrer noopener">Bitcoin (BTC)</a> leading the way after breaking out to $43,700. Concurrently, basking in optimism, Sui (SUI), Solana (SOL), and Sei (SEI) have also experienced significant price gains despite a bearish trend earlier in the day. 
<h2 class="wp-block-heading" id="h-sei-usd">SEI/USD</h2> 
Following a negative trend in the Sei (SEI) market in the early hours of the day, support at the intra-day low of $0.6431 has helped to reverse the downward trend. As a result,…
The post <a href="https://coinedition.com/crypto-market-bullish-as-fomc-approaches-sei-sui-sol-show-strong-gains/">Crypto Market Bullish as FOMC Approaches: SEI, SUI, SOL Show Strong Gains</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Crypto Market Bullish as FOMC Approaches: SEI, SUI, SOL Show Strong Gains

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