News Snapshot:
The largest cryptocurrency by market cap recently traded at about $41,200, down about 1.3% in the past 24 hours. Bitcoin hit $42,000 late during US trading hours on Friday, up more than 7% from where it started the week as investors digested the Federal Reserve’s long-awaited 25 basis point gain on Wednesday and the global turmoil surrounding it. related to the invasion of Russia. Ether, the second-largest cryptocurrency by market capitalization, traded hands just under 2,900, down 1.8% over the same period, but well ahead of where it started the week. Most other major cryptos were in the red this...