Today's Top 5 Crypto Gainers After the Fed's Speech: JELLY, BUILDON, and SYRUP Soar Sharply!

Bittime - The crypto market moved positively following today's Fed speech, which signaled a dovish stance on US interest rate policy. The market's swift reaction prompted a number of digital assets to record significant price spikes in the past 24 hours.

Some tokens even managed to break through important resistance levels. Here are theTop 5 Gainer cryptoToday after the results of the Fed's speech, which managed to attract the attention of global investors.

JELLY (JELLY-MY-JELLY) — Naik 48,87%

The JELLY token led the day's gainers with a remarkable 48.87% increase, trading at around Rp2,139.03. Daily trading volume reached Rp586.2 billion, indicating a surge in market interest. Analysts believe this surge was driven by new liquidity following the Fed's statement calming crypto market participants, as well as rumors of JELLY's partnership with an AI-based project.

READ ALSO:AKEDO (AKE): An AI Gaming Token with Long-Term Growth Potential

BUILDON (B) — Increase 15.85%

Source:CoinMarketCap

The BUILDON token recorded 15.85% growth and traded at Rp3,630.4. With a market capitalization of Rp3.28 trillion, BUILDON was boosted by positive sentiment in the infrastructure sector.blockchainInvestors see BUILDON as a project that benefits from the post-Fed “build market narrative,” as market participants shift funds to utility-based productive assets.

SAPIEN (SAPIEN) — Gained 14.81%

SAPIEN also surged 14.81% to Rp3,138. Daily transaction volume reached Rp547.5 billion. This token is known for its focus on decentralized social networking. The SAPIEN price increase is expected to be driven by increased user activity on the platform and the anticipated announcement of the "SAPIEN AI Hub" feature in early November.

PERP (Perpetual Protocol) — Naik 13,45%

PERP became one of the strongest altcoins today, surging 13.45%, now trading around Rp3,500. Trading volume of over Rp506 billion demonstrates strong momentum in the crypto derivatives market. PERP's rise was also supported by increased investor interest in leveraged trading after volatility eased following the Fed's speech.

SYRUP (Maple Finance) — Up 11.25%

SYRUP from the Maple Finance ecosystem closed the list with an 11.25% increase, trading at Rp7,308.4. Its market capitalization reached Rp7.94 trillion, making it the most active DeFi asset today. SYRUP received a boost from Maple's quarterly earnings report, which showed a 25% increase in institutional lending.

READ ALSO:Chainlink (LINK) Price Rises After Fed Speech: Rupiah Weakens, Crypto Strengthens

Conclusion

Today's Fed speech appears to be a positive catalyst for the crypto market. The dovish tone successfully reassured investors and triggered capital inflows into digital assets. Tokens like JELLY, BUILDON, SAPIEN, PERP, and SYRUP are evidence that the crypto sector is once again demonstrating resilience amidst global economic uncertainty. If this momentum continues, October could mark the beginning of a new bullish phase in the digital asset market.

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FAQ

What caused crypto to rise today?

The Fed's more dovish speech has made investors optimistic about the crypto market again.

Which token rose the most today?

JELLY led the way with a rise of nearly 49%.

Will the bullish momentum continue?

If the Fed maintains a steady policy, the uptrend has the potential to continue.

Are DeFi tokens getting a boost?

Yes, Maple Finance's SYRUP recorded a significant increase.

Is this the right time to buy crypto?

Investors are advised to wait for trend confirmation in the next few days before making large purchases.