Bitcoin, Ethereum Traders Grow Even More Bearish as Prices Fall After Fed Decision - Decrypt

BTC down 2.4%, ETH dropped 2.2%. Why do Bitcoin and Ethereum prices keep falling after the Fed decision?

Bitcoin and Ethereum fell 2.4% and 2.2% respectively after the Fed signaled rates will stay elevated through 2026. While higher rates pressure risk assets, the U.S. government's opening to crypto-backed mortgages signals institutional normalization offsetting short-term headwinds.