Shares of crypto-linked stocks are trading higher after the Fed's policy decision to cut rates by 50 basis points.
Portfolio Pulse from Benzinga Newsdesk
Crypto-linked stocks are experiencing a rise in share prices following the Federal Reserve's decision to cut interest rates by 50 basis points.
September 18, 2024 | 6:42 pm
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POSITIVE IMPACT
APLD shares are likely to benefit from the Fed's rate cut, as lower interest rates can boost investment in crypto-related assets.
APLD is a crypto-linked stock, and the Fed's rate cut is expected to positively impact the crypto market, leading to increased investor interest.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
ARBK shares are trading higher due to the Fed's rate cut, which is seen as a positive for the crypto sector.
As a crypto-linked stock, ARBK is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BITF shares are up following the Fed's decision to cut rates, which is expected to benefit the crypto market.
The Fed's rate cut is seen as a positive for the crypto market, leading to increased interest in crypto-linked stocks like BITF.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BTBT shares are benefiting from the Fed's rate cut, which is expected to positively impact the crypto market.
BTBT, being a crypto-linked stock, is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
BTDR shares are trading higher after the Fed's rate cut, which is seen as a positive for the crypto sector.
The Fed's rate cut is expected to benefit the crypto market, leading to increased interest in crypto-linked stocks like BTDR.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
CAN shares are up following the Fed's decision to cut rates, which is expected to benefit the crypto market.
As a crypto-linked stock, CAN is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
CIFR shares are benefiting from the Fed's rate cut, which is expected to positively impact the crypto market.
The Fed's rate cut is seen as a positive for the crypto market, leading to increased interest in crypto-linked stocks like CIFR.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
CLSK shares are trading higher due to the Fed's rate cut, which is seen as a positive for the crypto sector.
As a crypto-linked stock, CLSK is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
COIN shares are up following the Fed's decision to cut rates, which is expected to benefit the crypto market.
The Fed's rate cut is seen as a positive for the crypto market, leading to increased interest in crypto-linked stocks like COIN.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
FUFU shares are benefiting from the Fed's rate cut, which is expected to positively impact the crypto market.
As a crypto-linked stock, FUFU is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
HIVE shares are trading higher after the Fed's rate cut, which is seen as a positive for the crypto sector.
The Fed's rate cut is expected to benefit the crypto market, leading to increased interest in crypto-linked stocks like HIVE.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
HUT shares are up following the Fed's decision to cut rates, which is expected to benefit the crypto market.
As a crypto-linked stock, HUT is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
IREN shares are benefiting from the Fed's rate cut, which is expected to positively impact the crypto market.
The Fed's rate cut is seen as a positive for the crypto market, leading to increased interest in crypto-linked stocks like IREN.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MARA shares are trading higher due to the Fed's rate cut, which is seen as a positive for the crypto sector.
As a crypto-linked stock, MARA is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
MSTR shares are up following the Fed's decision to cut rates, which is expected to benefit the crypto market.
The Fed's rate cut is seen as a positive for the crypto market, leading to increased interest in crypto-linked stocks like MSTR.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
RIOT shares are benefiting from the Fed's rate cut, which is expected to positively impact the crypto market.
As a crypto-linked stock, RIOT is likely to see increased investor interest following the Fed's decision to cut rates.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
WULF shares are trading higher after the Fed's rate cut, which is seen as a positive for the crypto sector.
The Fed's rate cut is expected to benefit the crypto market, leading to increased interest in crypto-linked stocks like WULF.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80