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Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks
Bitcoin and ether declined following a hawkish stance from the Federal Reserve, while stocks rose after Trump signed an Iran deal. The Fed's policy signaled tighter monetary conditions, contrasting with the market uplift from the geopolitical development.
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Adjacent reporting
- U.S.-Iran deal lifts equities, sends oil lower, while crypto stays wary
- Oil Sinks, US Stock Futures Up on US-Iran Optimism: Markets Wrap
- Oil prices fall, stocks rise amid optimism over US-Iran deal, reopening of Hormuz
- Asian shares shrug off US retreat after initial signing of US-Iran deal on ending the war
- Stocks leap worldwide, and oil prices drop after the US and Iran reach a tentative deal on their war
- Gold Gains as Prospects of Iran Deal Temper Inflation Concerns