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coinpedia 2024-09-19 12:37:54

Bitcoin Surges Past $62,000 After Fed Announces Rate Cut; Potential Rally Ahead?

The post Bitcoin Surges Past $62,000 After Fed Announces Rate Cut; Potential Rally Ahead? appeared first on Coinpedia Fintech News Following the announcement of the most anticipated rate cut of the year, Bitcoin quickly managed to cross over the $62,000 level. Fed Chair Jerome Powell announced that the central bank will cut interest rates for the first time in four years. Market experts believe this news could propel Bitcoin to newer heights! A 0.5% Rate …

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