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

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

News Noticias

España Últimas Noticias,España Titulares

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

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

 

Gracias por tu comentario. Tu comentario será publicado después de ser revisado.
Hemos resumido esta noticia para que puedas leerla rápidamente. Si estás interesado en la noticia, puedes leer el texto completo aquí. Leer más:

 /  🏆 270. in ES

España Últimas Noticias, España Titulares