BTC, XRP, SOL, DOGE Resume Slow Grind Higher After Fed, Dollar Index Is Resilient Too
Major cryptocurrencies including Bitcoin (BTC), Ripple (XRP), Solana (SOL), and Dogecoin (DOGE) are posting modest gains following the latest Federal Reserve announcement, while the U.S. Dollar Index (DXY) remains resilient.
Background
Cryptocurrency markets resumed their slow upward momentum after the Federal Reserve’s September 2025 policy meeting, where interest rates were held steady. The Fed maintained its hawkish stance, signaling potential rate hikes in the future depending on inflation data. Despite high market expectations for a dovish pivot, risk assets have shown resilience, with crypto prices staging a gradual recovery.
Market Impact
Bitcoin has continued its quiet upward trend, rising above the $27,000 level, while Ethereum traded near $1,650. XRP, which recently experienced a brief pricing glitch on select exchanges, has rebounded slightly. Solana and Dogecoin also saw incremental gains. ETF products offering exposure to XRP and DOGE have debuted in the U.S., contributing to renewed investor attention in altcoins.
Meanwhile, the U.S. Dollar Index remained firm, reflecting continued strength in the dollar amid cautious economic sentiment and tight monetary policy. This places extra pressure on crypto as an alternative asset class, although current price action suggests limited selling pressure.
Reactions
Market analysts note that the crypto market’s muted response to the central bank’s guidance suggests investors may be adjusting to the Fed’s long-term tightening cycle. Some investors view the debut of derivative-based ETFs for altcoins like XRP and DOGE as a sign of growing institutional acceptance, further underpinning recent price stability.
Price Update
- Bitcoin (BTC): Up 1.7% over 24 hours, trading near $27,350
- Ethereum (ETH): Slight gain to around $1,650
- Ripple (XRP): Recovering from late-week volatility, up 2.1%
- Solana (SOL): Edging higher, nearing $20
- Dogecoin (DOGE): Up 1.3% on ETF-related momentum
Markets will continue to monitor macroeconomic signals and inflows into newly launched crypto-focused ETFs for signs of sustained upside movement.
