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Bitcoin Rallies Above $64,000 as Fed Hints at Rate Cuts – Could We See a New High Soon?
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Bitcoin (BTC), the world’s oldest and most valuable cryptocurrency, continued its upward momentum, trading above $64,500 and reaching an intra-day high of $64,879. This bullish trend has sparked renewed investor optimism.
Earlier, Bitcoin surged past the $64,000 mark following Federal Reserve Chair Jerome Powell’s speech at the Jackson Hole conference. Powell hinted at potential interest rate cuts and emphasized the need for policy adjustments.
⚡ JUST IN: $BTC breaks 64K!
Read more on cryptonews.comAbout this in other media
Bitcoin In September ‘Seasonal Slog’: What Opportunities Should Traders Watch For? cryptonews.com /3 months ago
0.50% Fed Rate Cut Spells Trouble for Bitcoin Amid Recession Fears: 10x Research cryptonews.com /3 months ago
Jumbo 50 basis points Fed rate cut should not raise alarm, analyst says cnbc.com /3 months ago
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