Bitcoin's price surged to $64,955 following a pivotal speech by Federal Reserve Chair Jerome Powell. The implications of potential rate cuts mentioned in the speech have led to a broad rally in the cryptocurrency market.
The strong bullish sentiment driven by Powell's remarks has energized traders and investors, pushing Bitcoin to its new highs.
The post originally appeared on COINOTAG NEWS, highlighting the significant impact of Federal Reserve policies on the cryptocurrency market.
Source: en.coinotag.com ↗