Bitcoin's Price Tops $63,000 After Yesterday's Rate Cut
WEB3 hours ago · The price of Bitcoin (BTCUSD) jumped over $63,000 Thursday following a Federal Reserve interest-rate cut. The Fed's yearslong fight against inflation saw rates rise to a 23-year high. Wednesday's ...
Bitcoin Rises Above $62K After Fed Cuts Rate - CoinDesk
WEB8 hours ago · Top Stories. Bitcoin rose above $62,000, buoyed by the U.S. Federal Reserve's 50 basis-point rate cut on Wednesday. Reductions in borrowing costs are traditionally a bullish indicator for risk ...
After Fed's interest rate cut, bitcoin jumps amid renewed optimism
WEB7 hours ago · 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.
Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say …
WEB14 hours ago · Bitcoin is trading near $62K, up 2.4% in the last 24 hours. The CoinDesk 20 (CD20) , a measure of the largest digital assets, is up 3.4%. The broader crypto market moved higher.
A 50 Basis Points Fed Rate Cut Could Raise Alarm for Bitcoin (BTC ...
WEBSep 9, 2024 · An aggressive Fed rate cut may signal economic worry, not reassurance, weighing over risk assets, including bitcoin, according to 10x Research. Traders currently see a less than 30% chance of a...
Bitcoin stays above $60,000 after Fed’s jumbo rate cut
WEB23 hours ago · DXY. 0.04%. BTCUSD. 0.10%. ETHUSD. 0.00%. Welcome back to Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. The Federal Reserve on Wednesday reduced its key policy rate by ...
Bitcoin climbs with US equity futures as traders digest Fed cut
WEB17 hours ago · In this article: (Bloomberg) — Bitcoin (BTC-USD) hit a three-week high alongside a jump in US equity futures as an outsized Federal Reserve interest-rate cut rippled across markets. Most Read ...
Bitcoin Price Climbs Toward $61,000 After Fed Cuts Interest Rates
WEB1 day ago · The news supported cryptocurrency prices, with bitcoin recently near $61,000 and ether above $2,300. Crypto asset prices tend to rise on signs of monetary easing, as they are broadly seen as risk ...
Bitcoin climbs above $60,000 ahead of Fed rate decision
WEB2 days ago · Bitcoin reclaimed $60,000 on Tuesday as investors awaited details of the Federal Reserve’s rate cutting plans. The price of the flagship cryptocurrency was last higher by 4.3% at $60,394.41 ...
What will happen to bitcoin prices if the Fed cuts interest rates?
WEBApr 1, 2024 · Bitcoin prices were down Monday, extending a retreat from their record high above $73,000, as Treasury yields jumped and expectations for future Federal Reserve interest-rate cuts were dented by...