Why Bitcoin, Ethereum, Dogecoin, and Solana All Popped Today

After a rough start to the year, the cryptocurrency market jumped early on Wednesday as the markets rose and fears eased about the Federal Reserve dropping surprises on the market after Chair Jerome Powell's testimony in front of Congress. 

The dollar price of Bitcoin (CRYPTO: BTC) was up 3.2% in the last 24 hours as of 1 p.m. ET after jumping as much as 4%. Ethereum (CRYPTO: ETH) was up as much as 5.4% and is currently up 5.2%, Solana (CRYPTO: SOL) popped 8.1% and is currently up 7.7%, while Dogecoin (CRYPTO: DOGE) popped 7.2% and is at its high as of this writing. These don't gain back what has been lost so far this year, but it's a good start for crypto investors.

Image source: Getty Images.

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Source Fool.com