Dogecoin Leads Gains in Major Cryptos Ahead of Fed Meeting

Dogecoin Leads Gains in Major Cryptos Ahead of Fed Meeting
The broader crypto market recorded its second day of growth ahead of a U.S. Federal Reserve (Fed) statement on Wednesday. Prices of bitcoin, ether and other major cryptocurrencies rose as much as 7% in the past 24 hours, with memecoin Dogecoin leading gains among the biggest assets by market capitalization.Terra’s LUNA tokens were among the only losers, posting a 4.6% decline, data from analytics tool CoinGecko showed.Wednesday’s Fed meeting may reveal the bank’s stance on the timing of an interest-rate increase that many observers expect will come in March. The Fed has said it will tighten monetary policy with up…