Ether (ETH) zoomed in almost 7% over the past 24 hours to lead winnings among the main subject as dealers are waiting for the results of the federal meeting for the Open Market Committee (FOMC) on Wednesday.

ETH’s winnings were coupled with a 4% gain in Memecoin Dogecoin (DOGE), which historically tends to act correlated with the asset movements. Other Ethereum-based Memecoin Pepe (Pepe) and MOG (MOG) increased more than 5%-defined to act as geared bets.

Elsewhere, Majors XRP, BNB Chain’s BNB, Solana’s Sun and Cardanos ADA rose 3%. Trx TRX dipped after an increase of 5% earlier in the day when Memecoin trading took up blockchain after a non-fee update in the Sunpump platform.

Bitcoin (BTC) rose 2% and remained stable below $ 84,000 in Asian evening hours in front of FOMC, where dealers expect the rates to be kept stable. The $ 80,000 brand remains someone to be monitored, some say, as a break below would mean a critical level of support disappears.

The widely seen ETH/BTC relationship – or the trading savings against Bitcoin – increased from 0.23 to 0.24 since Asian Morning Hours, indicating a shock in demand for more risky ETH versus the perceived security for Bitcoin.

Ether increased on no immediate catalyst, but the mother ship network has technical catalysts along the way. The Pectra upgrade, Ethereum’s next big update, is currently in testing and aiming to improve scalability, effort and user experience with over 20 EIPs, including EIP-7702 (Smart Account functionality) and EIP-7251 (raising validation stack to 2,048 ETH).

Testing began at Holeky in February 2025, followed by Sepolia in March, but faced challenges such as transaction treatment problems due to the client’s incompatibility. A new test network, Hooli, launched on March 17, with Pectra test scheduled for March 26. If successful, Mainnet is expected implementation in late April or early May 2025.

“BTC has found some support for $ 80K, but it seems at best in the midst of wider macro weakness,” Singapore-based QCP Capital said in a broadcast message. “We are not trying to call it the exact moment when the music stops, but in the short term we are struggling to identify meaningful tail winds to turn this rut.”

“We want to keep an eye on all Dovish changes, especially on growth and inflation expectations.

Meanwhile, gold broke over $ 3,000 to new heights earlier Wednesday, which led to some looking at a reverse relationship between the yellow metal with Bitcoin.

“Despite his historical connection with gold as a macro-hedge, Bitcoin’s current divergence male is rising, while gold rises-it acts more as a risk company affected by bold-policy security, profit income and a shift to traditional money cabinets,” said Ryan Lee, Chief Analyst at Bitget Research, Coindesk in a telegram offering.

“The FOMC result could either trigger an improvement if it is Dovish or elaborates the correction if the Hawky, with Bitcoin’s short-term lane tied to wider financial signals rather than solely reinforcing its” digital gold “role,” Lee added.