Bitcoin is surging on hopes rate cuts will drive a speculative rush

Biztoc.com - 17 September 2024

Bitcoin is surging on hopes rate cuts will drive a speculative rush

Bitcoin peaked at $61,337 on Tuesday, the largest intraday gain since early August. The rise comes amid anticipation that the Fed will deliver a half-point rate cut. A lower-rate, soft-landing environment could help risk-on assets come back. The end-of-summer…

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