Bitcoin Hits New All-Time High Amid Fed’s 25bps Rate Cut

Nov 8, 2024 · The Fed announces a 25bps rate cut, aligning with Powell's steady policy to reduce rates and support the economy. Bitcoin hits a new all-time high, and the rate cut may further fuel bullish sentiment in the crypto market. Chair Powell confirms Trump's victory won’t alter the …

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Fed Cuts Rates By 25bps, Fueling Bitcoin’s Surge To New All-Time …

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Nov 8, 2024 · On Thursday, the US Federal Reserve announced new interest rate cuts of 25 basis points (bps). This translates to a target range between 4.5% and 4.75% and is …

mitrade.com

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Federal Cuts Rates By 25 Basis Points, Bitcoin (BTC) Price

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Nov 7, 2024 · As widely expected by market participants, the U.S. Federal Reserve lowered its benchmark fed funds rate by 25 basis points to 4.5%-4.75% on Thursday, following the …

coindesk.com

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Fed Cuts Rates By 25 Basis Points, Pushing Bitcoin To A New All-time ...

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Nov 7, 2024 · The Federal Reserve cut its federal funds rate by 25 basis points today, lowering it to a range of 4.5–4.75%. As the day unfolded, with markets anticipating the interest rate …

cryptobriefing.com

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Bitcoin Price Surges To $76,940: What’s Fueling The Rally?

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08 Nov 2024, 9:15 am. Bitcoin has surged to a new all-time high, hitting $76,940 after the U.S. Federal Reserve announced a 25-basis-point cut in its benchmark interest rate. The current …

analyticsinsight.net

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Fed Cuts Rates By 25 Bps; Bitcoin Price Hits Record High

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Nov 7, 2024 · The Fed cut rates by 25 basis points to 4.5%-4.75% as Bitcoin reached a record high, with markets awaiting Fed Chair Jerome Powell's post-election economic outlook. ...

bitbo.io

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Federal Reserve To Cut Rates By 25 Basis Points At Next Two …

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Oct 29, 2024 · The U.S. Federal Reserve will cut its key interest rate by 25 basis points on Nov. 7, according to all 111 economists in a Reuters poll, with more than a 90% majority predicting …

reuters.com

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Fed Rate-Cuts And Trump's Bitcoin Buys Fuel BTC Rally Above …

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Sep 19, 2024 · Fed members expect median benchmark rates to come down to 4.4% by year-end, as reported, reflecting some 50 basis points (bps) more cuts in the next two Federal …

coindesk.com

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Ethereum Staking Yield Could Fuel ETH Demand Following Fed Rate …

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Nov 8, 2024 · Ethereum (ETH) is trading above $2,900 on Thursday, up 2% on the day as it's looking to flip key resistance levels to set a new all-time high. The top altcoin could overcome …

fxstreet.com

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Markets See 0.5% Fed Rate Cut — 5 Things To Know In Bitcoin This …

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Sep 16, 2024 · BTC price weekly close brings bulls down to earth. Bitcoin came under pressure into the Sept. 15 weekly close, costing bulls both $60,000 and a chunk of the week’s recovery. …

cointelegraph.com

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Bitcoin Spikes Above $61,000 As Fed Implements 50 Bps Rate Cut

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Sep 18, 2024 · In a significant market move, Bitcoin BTC/USD surged past the $61,000 mark after the U.S. Federal Reserve announced a 50 basis point (bps) cut in interest rates, bringing the …

benzinga.com

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Fed Cuts Rates By 50 Bps: A Bullish Signal For Bitcoin And

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Sep 25, 2024 · The Fed Pivot is Finally Here. Last week, the Fed cut its federal funds target rate by 50 bps to 5.00% p.a. (upper limit) which could have strong implications for the crypto …

coindesk.com

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Bitcoin Jumps 6% After Fed Cuts Rates By 50 Basis Points

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Sep 19, 2024 · Bitcoin is trading near $63,000, up 6% in the last 24 hours after the Federal Reserve’s decision to cut its benchmark interest rate by 50 basis points. This move has also …

cryptobriefing.com