Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point

News أخبار

Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
الإمارات العربية المتحدة أحدث الأخبار,الإمارات العربية المتحدة عناوين

Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.

  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 63%

Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half percentage point reduction in interest rates, the first in more than four years.was recently higher by 3.5% at $62,417.48, according to Coin Metrics, building on a rally underway before the central bank decision Wednesday. Bitcoin, like stocks, initially jumped and then pulled back as traders absorbed the news.

Ether has been dramatically underperforming bitcoin as the investment case for the cryptocurrency weakenscritter corner

لقد قمنا بتلخيص هذا الخبر حتى تتمكن من قراءته بسرعة. إذا كنت مهتمًا بالأخبار، يمكنك قراءة النص الكامل هنا. اقرأ أكثر:

NBCNewYork /  🏆 270. in AE
 

الإمارات العربية المتحدة أحدث الأخبار, الإمارات العربية المتحدة عناوين



Render Time: 2025-01-19 18:33:15