What’s extra, the S&P 500 received whipped round much more than bitcoin (BTC) – , the famously risky Magic Web Cash. The Fed press launch got here out at 2 p.m. ET. The S&P 500’s achieve peaked at 0.7% a couple of half hour later, but it surely ended the day down 2.3%. In the meantime, bitcoin peaked at a post-Fed press launch achieve of 1.3% and ended with a 1.5% loss.
