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Shares of aircraft leasing company FTAI Aviation (NASDAQ:FTAI) jumped 5.8% in the afternoon session as stocks rebounded to start the session amid continued market volatility and moved slightly higher after the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) are up 2.9%, 7.3%, and 3%, respectively, as of 2:30 p.m. ET. The S&P 500 is up 0.8% and the Nasdaq Composite is up 1.1%. All three cryptocurrencies got a boost from news that the SEC's appeal in its case against XRP would be dropped, a major step that confirms the Trump administration's softer approach to crypto regulation, boosting the whole market.

The Federal Reserve’s dot plot showed that officials still see two more rate cuts coming in 2025, despite a more pessimistic outlook for the economy.

Shares of IT project management software company, Atlassian (NASDAQ:TEAM) jumped 6.4% in the afternoon session after stocks rebounded to start the session amid continued market volatility and moved slightly higher as the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

Shares of aI-powered lending platform Upstart (NASDAQ:UPST) jumped 8.1% in the afternoon session after stocks rebounded to start the session amid continued market volatility and moved slightly higher as the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

Shares of online home goods retailer Wayfair (NYSE:W) jumped 7.3% in the afternoon session as stocks rebounded to start the session amid continued market volatility and moved slightly higher after the Federal Open Market Committee kept rates at 4.25% to 4.50% in its March 2025 meeting. The Jerome Powell-led committee also hinted at two more rate cuts for the year, saying, "Uncertainty around the economy has grown."

The Federal Reserve held interest rates steady Wednesday as policymakers stay cautious amid the uncertainty of President Trump’s economic policies.

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Shares of Williams-Sonoma dropped Wednesday, extending their 2025 losses, as an outlook that raised the prospect of declining sales offset fourth-quarter results that were stronger than expected.

It’s just the latest instance of the SEC easing up on the cryptocurrency industry during the Trump presidency.