Stocks closed higher Thursday afternoon as a post-Fed rally was bolstered by hopes from investors interest rate hikes will end sooner than expected as banking pressures end the central bank's aggressive fight against inflation.
Yahoo Finance Live anchors Julie Hyman and Brad Smith discuss the decline in stock for Coinbase, as well as the outlook for crypto.
The SEC warned the largest US crypto exchange about a possible enforcement action. Coinbase said SEC "has not been fair or reasonable."