Bitcoin Adds 4.5% as Stocks Reverse Lower on Hawkish Fed Commentary

Bitcoin, which had slipped as low as $65,000 overnight, rallied throughout much of the U.S. day, at one point topping $69,000. At press time, the crypto was trading at $68,750, up 4.5% over the past 24 hours. The broader CoinDesk 20 Index was ahead 3.25% over the same period, with ether (ETH) a notable laggard, up just 1.75%.

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Cryptocurrencies: 14,683
Markets: 1,198
Marketcap: $ 2.26 T
24h Vol: $ 135.63 B
BTC Dominance: 54.91%