Fed Raises Rates for the First Time in 3 Years, Crypto-Related Stocks Fall Broadly at Market Close

Odaily News: According to MSX.COM data, at the U.S. stock market close, crypto-related stocks fell broadly. Circle dropped over 6%, Robinhood fell more than 5%, Coinbase declined over 4%, Bitmine dropped more than 3%, and Strategy fell over 2%. SpaceX rose more than 5%. In addition, some optical communications and memory chip stocks gained, with Lumentum up over 9%, Coherent up more than 6%, and Marvell Technology and Intel each up over 3%.