Bitcoin dips, holds above $76K after Fed pauses rates

Time to get a check on cryptocurrencies brought to you by the National Cryptocurrency Association. We are seeing crypto broadly under pressure today. A Bitcoin down, I believe for the third straight day. There's the year to date, but if you look at that three-day pullback, you'll see here a more than 1% decline in that period of time. And there have been some ETF outflows over the past several days. You can see 76,000 just above is where we are for Bitcoin. One of the things that has been putting some pressure on crypto broadly is sort of waning expectations that the Federal Reserve might cut rates this year. That emphasized again yesterday when we got no change from the Federal Reserve and three members of the Federal Reserve board dissenting and saying they didn't want to say they would either cut rates or maybe raise rates this year. More on a knife stage edge than it had been in the past, perhaps. So, we are seeing uh Bitcoin prices under pressure and then if you look at crypto stocks as well, they're looking a little bit better in today's session.