Cryptocurrencies rallied after the Federal Reserve delivered its first interest-rate increase since July 2023, a counterintuitive reaction given the FOMC decision makes interest-bearing investments more attractive.
Ripple CEO Brad Garlinghouse says there is still reason for optimism about U.S. crypto after the CLARITY Act failed to advance, pointing to continued SEC and CFTC rulemaking while stressing that the company’s business momentum remains intact.
