Bitcoin, ether slide after a hawkish Fed, even as Trump's signed Iran deal lifts stocks

Bitcoin and ether prices dropped after the Federal Reserve's meeting indicated a more aggressive stance on tackling inflation, overshadowing the positive market impact of President Trump signing a deal with Iran. This shift in the Fed's tone suggests future rate hikes, which traditionally weigh on cryptocurrency markets due to increased interest in traditional financial assets. Meanwhile, the Iran deal's potential to stabilize global oil markets spurred a rise in stock prices, highlighting the complex interplay between geopolitical events, economic policy, and financial markets.