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Bitcoin (BTC) enters new environment of lower rates - bull market recommences Crypto Daily 19 sept. 2024

Bitcoin (BTC) enters new environment of lower rates - bull market recommences 📈

USA Bitcoin Federal Reserve

The Federal Reserve announced its first rate cut since early 2020, reducing rates by 50 basis points.

Additional rate cuts are anticipated by the end of the year, potentially totaling another 75 basis points.

Bitcoin has surged to $62,000 following the news, prompting bulls to capitalize on the increasing liquidity.

Sursă: cryptodaily.co.uk ↗

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