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4 Bitcoin Related Stocks in Focus as Fed Readies Rate Cut
HOODRobinhood(HOOD) ZACKS·2024-08-22 19:45

Cryptocurrencies have suffered lately owing to the broader market selloff earlier this month, triggered by fears of a recession. However, fears have alleviated over the past two weeks, following the release of a spate of positive economic data that showed the U.S. economy is still holding strong. On Aug 21, Bitcoin (BTC) rebounded from its earlier lows and was trading above $60,770 after the release of the minutes of the Federal Reserve's Federal Open Market Committee (FOMC) meeting that hinted at the first ...