On Jan. 26, crypto investors began to experience a renewed sense of hope as the larger cryptocurrency market was seeing green.BTCPrice trading at close to $38,000 The breakout was not without risk, but traders advise caution before the Federal Open Market Committee meeting at which the Federal Reserve will likely reveal their plans to raise interest rates.

Many altcoin projects are seeing their prices rise more than 41%, as investors seek to take advantage of market rallies.