The US Federal Reserve felt obliged to come into the market on Wednesday and buy long-dated treasury bonds in order to stem the creeping tide of higher bond yields. The market reacted positively and Bitcoin exploded higher along with altcoins, gold, silver, and US stocks.
$XRP spikes 20% in less than 2 days
Source: TradingView
To give an idea of how the Fed intervention on Wednesday impacted some of the leading lights in the crypto market, a short term chart of Ripple ($XRP) shows the prolific breakout of this altcoin. From a standing start, the $XRP price spiked up 20% in less than two days.
$BTC rallies 12%
Source: TradingView
Given its far bigger market capitalization, the $BTC price did not spike as much as $XRP since the Fed intervention, it did however rally 12% over the same period, and as can be seen in the 4-hour chart above, this is a tremendous breakout which has continued to increase into Thursday.
Once the $BTC price had moved past the convergence point of t
We współpracy z: https://cryptodaily.co.uk/2026/08/btc-explodes-higher-after-federal-reserve-intervention-august-2026
