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The Federal Reserve stirred up markets last week, but bitcoin was less reactive than plain old stocks.<br />After the smattering of U.S. central bankers who set the Federal Reserve’s interest-rate benchmark met last week, the smattering issued a press release that outlines their new monetary policy (raising rates by 75 basis points). <br />The S&P 500 got whipped around even more than bitcoin (BTC). <br />The Fed press release came out at 2 p.m. ET. The S&P 500’s gain peaked at 0.7% about a half hour later, but it ended the day down 2.3%. Meanwhile, bitcoin peaked at a post-Fed press release gain of 1.3% and ended with a 1.5% loss.

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【Bitcoin again proves less volatile than stocks】The Federal Reserve stirred up markets last week, but bitcoin was less reactive than plain old stocks.
After the smattering of U.S. central bankers who set the Federal Reserve’s interest-rate benchmark met last week, the smattering issued a press release that outlines their new monetary policy (raising rates by 75 basis points). 
The S&P 500 got whipped around even more than bitcoin (BTC). 
The Fed press release came out at 2 p.m. ET. The S&P 500’s gain peaked at 0.7% about a half hour later, but it ended the day down 2.3%. Meanwhile, bitcoin peaked at a post-Fed press release gain of 1.3% and ended with a 1.5% loss.

Bitcoin again proves less volatile than stocks

Disclaimer：The content above does not represent HTX's positions.，HTX does not provide any trading recommendations.。

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