BREAKING: Bitcoin (BTC) Price Reacts to Fed's Latest Rate Cut – U.Today
Earlier this Wednesday, Bitcoin, the leading cryptocurrency, briefly spiked above $93,000 in response to the Federal Reserve’s decision to cut the benchmark interest rate by 25 basis points. This is the third consecutive cut of this year. It brings the target federal funds rate down to around 3.50 %–3.75 %. This has brought policy closer to the Fed’s...
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