Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates

The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday’s interest rate cut by the U.S. Federal Reserve wasn’t much of a surprise, after all, just minutes before the announcement, the CME Group’s Fedwatch Tool […]

from Bitcoin News https://news.bitcoin.com/bitcoin-briefly-shoots-past-116k-after-fed-cuts-rates/
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