Market

Bitcoin and Ethereum keep falling after the Fed decision

Summary from Yahoo Finance·June 19, 2026
Bitcoin and Ethereum keep falling after the Fed decision

Crypto extended its losses on June 19 in the wake of the Federal Reserve's policy meeting, as a more hawkish-than-hoped stance dimmed expectations for rate cuts.

Bitcoin and Ethereum continued to slide on Friday, June 19, as markets digested the Federal Reserve's latest policy decision earlier in the week.

With the Fed signaling it was in no hurry to cut — and markets increasingly pricing in the risk of higher rates — the backdrop turned unfavorable for risk assets. Crypto, which had rallied mid-month on news of an Iran ceasefire, gave back much of those gains as the rate narrative reasserted itself.

The move capped a volatile stretch in which geopolitics and monetary policy traded places as the dominant driver from one day to the next.