Posted 3/20/2024, 8:38:00 PM
Bitcoin, Ether Rebound Over 10% as Crypto Market Rallies on Dovish Fed, Coinbase DOGE Plans
- Bitcoin tops $67K, rebounding over 10% from earlier lows after dovish Fed remarks on interest rates
- Ether erases 6% dip caused by SEC regulation fears; rebounds along with broad crypto market
- Dogecoin soars on news of Coinbase's plan to list DOGE futures contracts
- Powell says "good progress" on bringing down inflation despite higher readings
- Traditional markets like S&P 500 also climb to fresh highs as risk appetite increases with Fed decision
