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Bitcoin hit a new high as Fed rate-cut expectations fuel its rise
STORY: Bitcoin reached a new record on Thursday, surpassing its previous peak from July.Bitcoin, the biggest cryptocurrency, climbed nearly 1% to over $124,000 in early Asia trading.Analysts say a recent rally is driven by expectations of Federal Reserve rate cuts,
Bitcoin briefly peaked at a new all-time high of $124,128 on August 14, following a rally in US equities, with the S&P 500 ...
Traders are braced for the latest U.S. inflation data that could unleash enthusiasm for risk assets if price pressures are ...
Sen. Cynthia Lummis (R-Wyo.) on Thursday backed a “budget-neutral approach” to building a Strategic Bitcoin (CRYPTO: BTC) ...
U.S. Treasury Secretary Scott Bessent has reversed course, saying the government will explore budget-neutral ways to buy ...
Analysts anticipate the Fed to cut rates in September but wholesale prices rose much more than expected in July.
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Scott Bessent says Trump administration won’t be buying more Bitcoin
Speaking Thursday on Fox Business, Scott Bessent, Treasury Secretary under President Donald Trump, made it clear that the ...
Bitcoin was down by more than 3% at below $119,000 Thursday morning, following the release of a hotter-than-expected producer ...
The U.S. dollar languished at multi-week lows against major peers on Thursday as traders ramped up bets for the Federal Reserve to resume cutting interest rates next month. Rising expectations for Fed ...
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