Comments by Federal Reserve Chairman Jerome Powell on Friday that it was time to adjust key interest rates helped boost stock prices, which had fallen amid persistently high interest rates.

In addition, Bitcoin (BTC-USD) is expected to benefit from lower interest rates, which could lead to a Bitcoin The mining company’s stock has become the biggest gainer of the week in the financial sector. Bitcoin rose by 7.4% for the week.

The Financial Select Sector SPDR ETF (XLF) rose by 1.5% a week and rose at about the same pace as the S&P 500.

Marathon Digital (NASDAQ:MARA) recorded the largest increase, Increase of 15% in the last five sessions;

Upstart Holdings (NASDAQ:UPST), which provides an AI-driven lending platform for banks and credit unions, rose by 14%;

Texas Capital Bancshares (NASDAQ: TCBI) rose by 11%; Earlier this month it launched a direct lending platform;

Rocket company (NYSE:RKT), known for Rocket Mortgages, increased by 11% during the week;

And Freedom Holding (NASDAQ:FRHC), which offers securities brokerage, market making, investment research and other financial services, Added 11%and thus round off the five biggest climbers of the week.

Franklin Resources (NYSE:BEN) recorded the biggest decline of the week, Decrease of 8.0%after a report emerged that the group’s subsidiary Western Asset Management was under federal criminal investigation into the manner in which one of its managers allocated trades;

Macrobank (NYSE: BMA) Share Decrease of 5.4% in the week the company reported second-quarter operating income down 85% year-over-year.

Better Home & Finance Holding (NASDAQ:BETR) Decrease of 4.8%;

Aegon (NYSE: AEG) fell by 4.5% after the company announced that its CEO was leaving the company to pursue another opportunity;

Bancolombia (NYSE:CIB) Decrease of 3.0% during a week in which Goldman Sachs stock was downgraded to “sell” due to weak earnings momentum.