Bitcoin and the wider crypto market continued to trade correlated with risk assets Tuesday ahead of the Federal Reserve’s interest rate decision tomorrow. The largest cryptocurrency by market cap was up ever so slightly by 0.2% at the time of writing, trading for $20,414, according to CoinGecko. And Ethereum, the second biggest cryptocurrency by market cap, was priced at $1,579—a 0.6% day increase. U.S. stocks, on the other hand, had a rocky day of trading: all Wall Street’s major indexes dropped on news that the labor market was strong—something that could lead to ...
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