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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 price today: BTC is trading at $62,661.23
As of 8 a.m. ET, the price of bitcoin, or 1 BTC, was $62,661.23. The crypto’s highest intraday price in the past year was $73,750.07 on March 14, 2024. The chart above is pulling data as of 8 a.m. ET daily and doesn’t display intraday highs or lows.
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 price today: hovers around $60k ahead of rate cut call
Bitcoin’s price climbed on Wednesday in anticipation of an interest rate cut by the Federal Reserve, while data showing an improvement in capital flows into spot exchange-traded funds also aided sentiment.
Bitcoin price today: rises to $60k on rate cut bets, improving ETF flows
Bitcoin’s price rose on Wednesday in anticipation of an interest rate cut by the Federal Reserve, while data showing an improvement in capital flows into spot exchange-traded funds also aided sentiment.
2h
Bitcoin Nears $64K as BTC Futures Attract Billions; BoJ's Hike Pause Bumps Risk Assets
Open interest data fromCoinGlass show a nearly $5 billion jump in bitcoin bets since Tuesday.Solana’s SOL and ether zoomed as ...
21h
BlackRock Reveals It’s Quietly Preparing For A $35 Trillion Federal Reserve Dollar Crisis With Bitcoin—Predicted To Spark A Sudden Price Boom
The world's largest asset manager BlackRock has warned "growing concerns" around the spiraling $35 trillion U.S. debt pile ...
blockonomi
40m
$35 Trillion Question: Can Bitcoin Hedge Against U.S. Debt? BlackRock Thinks So
BlackRock highlights bitcoin's potential as a hedge against economic uncertainty amid growing U.S. debt concerns and a ...
12h
Bitcoin Faces Key Test at $64K as Altcoins Lead Crypto Rally; Options Traders Bet on $70K BTC Next Month
Cryptocurrencies surged higher with bitcoin {{BTC}} nearing $64,000 on Thursday as the Federal Reserve's jumbo rate cut ...
CoinDesk
43m
'Satoshi Era' Wallets Move $16M in Bitcoin After 15 Years of Dormancy
Several ‘Satoshi era’ bitcoin have been active in the past few years. In July 2023, a wallet dormant for 11 years transferred ...
12h
on MSN
Port of Seattle’s refusal to pay bitcoin ransom highlights cybersecurity dilemma
The Port of Seattle is dealing with a common conundrum facing victims of a ransomware attack: to pay, or not to pay.
11h
Donald Trump Walks Into a (Bitcoin) Bar
Muyao Shen bellies up to a Bitcoin bar in New York to report on Donald Trump’s latest effort to win over the hearts (and ...
2d
When Bitcoin will hit $1 million, according to Lyn Alden
Cathie Wood, CEO of Ark Invest, forecasts that bitcoin, the world’s largest cryptocurrency by market cap, may hit $1 million ...
blockonomi
1h
Bitcoin Will Hit $1 Million When This Happens – Here’s What Crypto Strategists Say
Crypto experts have made a bold prediction about Bitcoin’s future price. They believe a specific event could propel Bitcoin ...
17h
Bitcoin bate máxima de 3 semanas com apetite por risco após Fed
O Bitcoin atingiu a cotação mais alta em três semanas, depois que o corte grande de juros do Federal Reserve impulsionou a ...
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