Cryptocurrencies Push Higher in Relief Rally -- Market Talk

1042 ET - With the Fed meeting passing with no change to interest rates, major cryptocurrencies are seeing a "relief rally," says Bret Kenwell of eToro in a note. The sector appears to be riding higher along with equities, also reacting to the latest report from the Labor Department showing a 0.1-point decrease in headline PCE, to 3.7%. Core PCE rose 0.1 points from the same time last year to 3.3%, although that's down 0.1 points from the prior month. Bitcoin is up 2% to $64,710. Ethereum rises 1.9% to $1,919, XRP is up 1.7% to $1.08, and solana climbs 2.5% to $74.40. (kirk.maltais@wsj.com)

(END) Dow Jones Newswires

July 30, 2026 10:42 ET (14:42 GMT)