Bitcoin (BTC): $22,911 +8.6%
Ether (ETH): $1,628 +15.7%
S&P 500 daily close: 4,023.61 +2.6%
Gold: $1,733 per troy ounce +0.9%
Ten-year Treasury yield daily close: 2.73% 0.05
Bitcoin, ether and gold prices are taken at approximately 4pm New York time. Bitcoin is the CoinDesk Bitcoin Price Index (XBX); Ether is the CoinDesk Ether Price Index (ETX); Gold is the COMEX spot price. Information about CoinDesk Indices can be found at coindesk.com/indices.
The U.S. central bank delivered as expected, raising interest rates 75 basis points. Crypto markets shrugged, continuing their two-day journey upslope, with bitcoin jumping 10% at one point following the Federal Reserve announcement. Ether soared more than 16% at one point.
Bitcoin was recently trading at about $22,900, up over 8% for the past 24 hours. The largest cryptocurrency by market capitalization has mostly lingered between $21,000 and $23,000 for much of the past 10 days. Ether was recently changing hands just above $1,600, up...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...