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.
Bitcoin jumps 6% after Fed cuts rates by 50 basis points
Bitcoin climbs 6% to $63,000 after the Federal Reserve cuts rates by 50 basis points, boosting investor optimism.
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.
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:
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.
Crypto Markets to See $1.6 Billion in Bitcoin, Ethereum Options Expire After Fed Rate Cut
Nearly $1.6 billion in Bitcoin and Ethereum options are expiring this week, following the Federal Reserve’s recent rate cut of 50 bps.
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.
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