Bitcoin, Ethereum and Solana Rise Alongside Stocks Following Fed Comments

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The story "Bitcoin, Ethereum and Solana Rise Alongside Stocks Following Fed Comments" was covered 17 hours ago by Decrypt, a news publisher based in Estonia.

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Decrypt 17h ago

Bitcoin, Ethereum and Solana Rise Alongside Stocks Following Fed Comments - Decrypt

Quick Summary:

Bitcoin, Ethereum, and other top coins shot up alongside stocks after Fed Chair Jerome Powell gave a calming outlook on the U.S.economy.

The price rose as high as $85,890, marking the highest level since March 9.

The biggest cryptocurrency had jumped before the Fed's announcement, but is now up even more: Bitcoin's price now stands at $85,648, a more than 4% rise over the past day.