Bitcoin Lags Stock Rally After Hawkish Fed Hold

Crypto closed out July on the back foot, sitting out Friday's stock rally as the Federal Reserve's hawkish stance and stubbornly high inflation pushed the rate cut that bulls were counting on further out of reach. Bitcoin fell 3.5% over 24 hours to $62,464, CoinGecko data shows, while the S&P 500... Read the full story at The Defiant