{"id":89423,"date":"2024-09-20T00:17:27","date_gmt":"2024-09-20T04:17:27","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=89423"},"modified":"2024-09-19T23:44:23","modified_gmt":"2024-09-20T03:44:23","slug":"bitcoin-and-crypto-stocks-rise-after-the-fed-cuts-rates-by-half-a-percentage-point","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2024\/bitcoin-and-crypto-stocks-rise-after-the-fed-cuts-rates-by-half-a-percentage-point.html","title":{"rendered":"Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point"},"content":{"rendered":"\n<p>(CNBC) Cryptocurrencies rose as part of a\u00a0<a href=\"https:\/\/www.cnbc.com\/2024\/09\/18\/stock-market-today-live-updates.html\">broad market rally Thursday<\/a>, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years. The price of\u00a0<a href=\"https:\/\/www.cnbc.com\/quotes\/BTC.CM=\/\">bitcoin<\/a>\u00a0was recently higher by 5% at $63,255.00, according to Coin Metrics, building on a rally underway before the central bank decision.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/09\/19\/crypto-market-today.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Cryptocurrencies rose as part of a\u00a0broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years. The price of\u00a0bitcoin\u00a0was recently higher by 5% at $63,255.00, according [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-89423","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=89423"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89423\/revisions"}],"predecessor-version":[{"id":89424,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/89423\/revisions\/89424"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=89423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=89423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=89423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}