Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks
Cryptocurrency markets experienced a downturn following a hawkish Federal Reserve interest rate decision, while traditional stocks rose on news of a U.S.-Iran peace deal. Analysts suggest bitcoin will remain rangebound until new regulatory or geopolitical catalysts emerge.
Why it matters
It illustrates the decoupling of crypto assets from traditional geopolitical relief rallies and their sensitivity to central bank monetary policy.
Bitcoin traded around $63,900, down 3% over 24 hours though still up 2% on the week, per CoinDesk data. The selling was broad. Ether fell 3.4% to $1,733, XRP dropped 3.9% to $1.17 and solana lost 3.6% to $71. Hyperliquid s HYPE, the standout gainer all week, fell hardest at 7.2% to $69, though it remains up about 28% over seven days. Tron was the lone major in the green, up 0.9%.
The report provides a market analysis based on financial data and expert commentary without taking a side on the Fed or the Iran deal.
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