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Bitcoin Reaches $63K as Fed’s Interest Rate Decision Influences On-Chain Metrics: What’s Next for BTC Price? Coinpedia vor 13 Stunden

Bitcoin Reaches $63K as Fed’s Interest Rate Decision Influences On-Chain Metrics: What’s Next for BTC Price? 📈

USA Bitcoin US Federal Reserve

Recently, Bitcoin's value saw a significant increase, hitting $63,000 after the US Federal Reserve's much-awaited policy shift.

On September 18, America's central bank reduced interest rates for the first time in years, lowering borrowing costs and potentially enhancing investor interest in riskier assets like Bitcoin.

As a result, this has pushed crucial on-chain metrics for Bitcoin, supporting the recent price rally.

Source: coinpedia.org ↗

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