Crypto and tech stocks rebounded ahead of the Fed’s interest rate decision, reversing three days of outflows. Inflows surged as market sentiment improved, despite the broader market trading sideways.
Coinbase (COIN) rose 2.1% to $241.81, achieving over 8% weekly gains. MicroStrategy (MSTR) saw a 0.25% rise to $1,599, maintaining a 28% monthly gain. Mining stocks like Marathon Digital (MARA) increased by 1%, while Hut 8 grew 1.8% to $13.58, extending weekly gains above 12%.
Market participants are eagerly awaiting the Fed meeting, with analysts expecting outcomes similar to past meetings due to recent US Job data. This rebound highlights the resilience of crypto stocks and underscores their strategic importance in the current economic landscape.
