CONY is trading 3.73% up at $18.91 as cryptocurrency markets rebound following the Federal Reserve’s September 16 rate decision.

  • Bitcoin reclaimed $76,000, while Ethereum rose 1.8% as policy uncertainty eased and risk appetite improved.
  • The broader rally is supporting CONY’s crypto-linked exposure; the Nasdaq rose 1.63% and the S&P 500 gained 1.00%.
  • CONY went ex-distribution on September 17, but that does not explain the upward move.