Cryptos mixed while stocks rally on Fed decision 

Cryptocurrencies were mixed Thursday as traders digested news that the Federal Reserve plans to slash rates more than expected in 2024. Stocks extended their Fed-fueled rally that saw the Dow Jones Industrial Average surpass 37,000 for the first time. 

Bitcoin, which initially rose as much as 2.6% Wednesday following the central bank’s announcement, faltered Thursday, dipping 1% to hover around $42,500. Bitcoin, while down 2.3% over the past five days, is still on track to end the year well into the green, currently sitting close to 160% higher year-to-date. 

Ether (ETH) also bounced following the Fed’s Federal Open Markets Committee meeting, and managed to sustain the rally into…

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