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Bitcoin Surges Ahead of Fed Rate Cut
What The Fed’s Rate Cut Means For Bitcoin
Today's aggressive rate cut, doubling the widely expected 25 bps reduction, signals deepening concerns about the health of the U.S. economy.
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose as part of a broad market rally Thursday, one day after the Federal Reserve delivered a half-percentage-point reduction in interest rates, the first in more than four years.The price of bitcoin was recently higher by 5% at $63,
Bitcoin, Ethereum, and Dogecoin Surge Higher After Fed Cuts Rates
The stock market is on fire on Thursday and that has extended to cryptocurrencies as well. Over the past 24 hours, the value of Bitcoin ( BTC 5.43%) jumped 6.5% at 1 p.m. ET to $63,700, Ethereum ( ETH 6.40%) is up 7.6% to $2,470, and Dogecoin ( DOGE 4.93%) is up 6.3% to $0.1068.
First Mover Americas: Bitcoin Rises Above $62K After Fed Cuts Rate
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next
The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by
What Does The Fed's Interest Rate Cut Mean For Bitcoin? 50 Bps Cut Is The 'Sweet Spot,' Says Macro Analyst
The Federal Reserve has initiated its long-anticipated easing cycle, potentially setting the stage for a bullish trend in risk assets, including Bitcoin (CRYPTO:
Robert Kiyosaki: Bitcoin, Gold, Silver to Soar as Fed Cuts Rates
Robert Kiyosaki predicts that Bitcoin, gold, and silver prices will soar as the Fed cuts interest rates, urged investors to buy real assets.
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
An hour after the Federal Reserve’s historic announcement declaring that interest rates would be slashed by a half-percentage point on Wednesday, bitcoin jumped from $59,500 to $61,000. It is currently trading at more than $63,000 at the time of writing, representing an approximately 6% increase from yesterday's price.
US-listed crypto stocks jump after bumper rate cut from Fed
By Niket Nishant (Reuters) -U.S.-listed crypto shares jumped on Thursday after a half-percentage point interest rate cut boosted risk appetite, adding to the momentum of an industry that has already secured some big wins this year.
How the Fed's Rate Cut Sparks Crypto Rally and Unveils Hidden Risks
CoinDesk's Jennifer Sanasis dives into the Federal Reserve's recent 50 basis point rate cut and its impact on the crypto market, including a positive reaction from bitcoin and other major cryptocurrencies.
Bitcoin Surges Ahead of Fed Rate Cut: 5 Crypto-Centric Stocks to Gain
The crypto market has been struggling to stage a rebound. However, the enthusiasm surrounding rate cuts saw Bitcoin (BTC), the world’s most popular cryptocurrency, surging above $60,000 for the first time since last month.
18h
on MSN
Bitcoin Hits Three-Week High as Fed Spurs Demand for Risk Assets
Bitcoin touched a three-week high alongside a jump in global equities as an outsized Federal Reserve interest-rate cut ...
Opinion
CoinDesk on MSN
1d
Opinion
The Fed Will Tell Us Soon If Bitcoin Is at a New Baseline
Today’s Fed interest rate announcement will set the table for a fresh uptick in crypto assets, says Philipp Pieper, ...
3d
Radical Fed Bombshell Predicted To Send Crypto Prices ‘Skyrocketing’ After Bitcoin Suddenly Crashes Under $60,000
The chief executive of Wall Street giant JPMorgan, Jamie Dimon, has warned the Federal Reserve and the U.S. dollar isn't "out ...
CoinTelegraph on MSN
1d
Bitcoin price can see $64K 'very quickly' on Fed rate cut — Research
“This Hawkish regime also coincided with
Bitcoin
’s collapse from $60K to $15K. We are now at the start of the exact ...
2d
How could the Fed meeting impact Bitcoin?
Historically speaking, Bitcoin has performed well following Fed rate cuts. In March 2020, Bitcoin rallied following the Fed’s ...
Internet of People
2d
Bitcoin price jumps to a three-week high
Bitcoin price has surged to its highest level in three weeks, triggering gains across the cryptocurrency sector and related ...
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