Bitcoin Pumps To $61,000, Then Retraces After Fed Aggressively Cuts Interest Rates For First Time In Four Years

ZyCrypto - 18 septembre 2024

Bitcoin Pumps To $61,000, Then Retraces After Fed Aggressively Cuts Interest Rates For First Time In Four Years

Bitcoin rallied above the $61,000 price point on Wednesday following the United States Federal Reserve’s decision to lower its benchmark interest rates by 50 basis points, marking the first rate cut since 2020 after the world’s most important central bank’s m…

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