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Bitcoin, Ethereum, Stocks Drop as Fed Confirms Tapering Schedule

With inflation well above 2% and a strong labor market, the US Federal Reserve (Fed) said it expects it will soon be appropriate to raise the target range for the federal funds rate. The Fed also decided to continue to r...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin, Ethereum, Stocks Drop as Fed Confirms Tapering Schedule
 
With inflation well above 2% and a strong labor market, the US Federal Reserve (Fed) said it expects it will soon be appropriate to raise the target range for the federal funds rate. The Fed also decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early March. ...
Read More: Bitcoin, Ethereum, Stocks Drop as Fed Confirms Tapering Schedule

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This ethereum story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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