Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike

Market Wrap: Cryptos Decline as FOMC Delivers Expected Rate Hike


● Bitcoin (BTC): $18,658 −1.7%

● Ether (ETH): $1,272 −5.5%

● CoinDesk Market Index (CMI): $931 −1.5%

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● S&P 500 daily close: 3,789.93 −1.7%

● Gold: $1,682 per troy ounce +1.4%

● Ten-year Treasury yield daily close: 3.51% −0.06

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.

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