The Fed held the policy rate at 3.50%-3.75% and Chair Powell's cautious commentary dampened rate-cut expectations. That hawkish tilt sent cryptocurrency stocks lower as investors moved to a more risk-off stance, likely pressuring high-beta crypto-related equities until clearer easing signals emerge.
The Fed held the policy rate at 3.50%-3.75% and Chair Powell's cautious commentary dampened rate-cut expectations. That hawkish tilt sent cryptocurrency stocks lower as investors moved to a more risk-off stance, likely pressuring high-beta crypto-related equities until clearer easing signals emerge.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
