The cryptocurrency market has experienced significant losses in the aftermath of the Federal Reserve’s December 18, 2024, policy announcement. Total cryptocurrency market capitalization has plunged from $3.66 trillion on December 17, just 24 hours before the Fed’s announcement, to $3.16 trillion as of December 23. This $500 billion, or 13.6%, loss in under a week […]
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Crypto Market Is Down 14% Since the Fed Cut Rates: The Role of Rising U.S. Treasury Yields
