The Federal Reserve has resumed raising interest rates, marking its first hike since 2023, which has weighed heavily on US equities and cryptocurrencies. According to FX Street, the move and a more hawkish dot plot led to declines across the market.
The S&P 500 dropped to its lowest level since July, with blue-chip stocks and banks underperforming, although technology indices showed relative resilience. CoinDesk highlighted parallels between Bitcoin's current struggles and the challenges it faced in 2022 amid rising rates.
For Japanese investors closely watching global risk assets, the Fed's tightening cycle underscores ongoing volatility in both equity and crypto markets, emphasizing the need for careful portfolio management amid shifting US monetary policy.