That change in expectations has weighed a bit on traditional markets, with the Nasdaq lower by about 5% since hitting its 2024 high about three weeks ago and the S&P 500 off by a similar amount since touching its year-to-date high in late March. It’s also likely contributed to the plunging bitcoin price, which is now down more than 20% from its record high from mid-March above $73,000.
Bitcoin Price (BTC) Bounces After Fed Holds Rates Steady
