US-listed crypto stocks jump
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
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.The price of bitcoin was recently higher by 5% at $63,
Analysis
Altcoins Surge Leaving Bitcoin and Ether Behind After Fed Cuts Interest Rate
The market cap of altcoins rose 5.7% after the central bank announced it would lower interest rates by 50 basis points. Bitcoin’s market cap rose only 4.4%.
Bitcoin jumps to three-week high, lifting crypto-tied stocks
Bitcoin (BTC-USD) climbed to its highest level in three weeks in Tuesday late morning trading, driving a notable uptick in stocks linked to the cryptocurrency sector. Following what was a quiet start to the week,
Bitcoin, Ethereum, and Dogecoin Surge Higher After Fed Cuts Rates
The stock market is on fire on Thursday and that has extended to cryptocurrencies as well. Over the past 24 hours, the value of Bitcoin (CRYPTO: BTC) jumped 6.5% at 1 p.m. ET to $63,700, Ethereum (CRYPTO: ETH) is up 7.6% to $2,470, and Dogecoin (CRYPTO: DOGE) is up 6.3% to $0.1068.
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) -U.S.-listed crypto shares jumped on Thursday after a half-percentage point interest rate cut boosted risk appetite, adding to the momentum of an industry that has already secured some big wins this year.
Crypto bullish rally ignited after Fed’s historic rate cut
The global crypto market turned green after a long period of anticipation building around the expected Federal Reserve rate cuts. The cumulative crypto market cap gained by almost 3% over the last day to stand at $2.
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Why investing in Bitcoin-adjacent companies may offer larger gains than Bitcoin itself
Crypto infrastructure and mining companies are becoming key alternatives for investors seeking better returns.
7 Best Bitcoin Stocks To Buy Right Now
In June, the German government started to sell bitcoin from a wallet operated by the Federal Criminal Police Office. The ...
Bitcoin Left Out as Stocks, Bonds and Gold Party on Global Monetary Easing
A global coordinated monetary ease campaign is underwayMost asset classes are on the rise as a result, but bitcoin remains ...
Why stocks may send Bitcoin price back to $50K before October
The correlation coefficient between Bitcoin and SPX is currently 0.88, which indicates both asset classes are moving in ...
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2 Crypto Stocks to Watch as Bitcoin Bounces
Cryptocurrency stocks Marathon Digital Holdings (MARA) and Coinbase Global (COIN) are higher alongside Bitcoin (BTC) ...
Bitcoin Hits Three-Week High as Fed Spurs Demand for Risk Assets
Bitcoin touched a three-week high alongside a jump in global equities as an outsized Federal Reserve interest-rate cut ...