India, Oct. 28 -- Overall cryptocurrency market capitalization added more than half a percent in the past 24 hours while global markets wait for the Fed's decision on interest rates. With the Fed widely expected to hold rates steady, sentiment in the cryptocurrency market remains broadly positive. More than 30 of the top 100 cryptocurrencies rallied more than a percent whereas only 15 lost more than a percent.
All eyes would now be on the Fed's forward guidance if any. The last FOMC of the year is scheduled for December 9. The CME FedWatch tool that tracks the expectations of interest rate traders currently shows the likelihood of a quarter-percent rate hike in December at 76.5 percent. The probability of rates remaining at the current lev...