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Bitcoin hit a new high as Fed rate-cut expectations fuel its rise
STORY: Bitcoin reached a new record on Thursday, surpassing its previous peak from July.Bitcoin, the biggest cryptocurrency, climbed nearly 1% to over $124,000 in early Asia trading.Analysts say a recent rally is driven by expectations of Federal Reserve rate cuts,
Bitcoin’s bearish reversal comes as U.S. Treasury secretary Scott Bessent revealed the U.S. holds far fewer bitcoin than previously ...
Fed ends crypto oversight program, integrating supervision into regular processes. Treasury confirms Bitcoin reserve from seized assets only.
Initially, Bessent disappointed Bitcoin fans Thursday morning when he said the U.S. government’s so-called strategic Bitcoin ...
Traders are braced for the latest U.S. inflation data that could unleash enthusiasm for risk assets if price pressures are ...
Bitcoin and altcoins surge to all-time highs on Fed rate cut hopes, ETF optimism, institutional inflows, and rising market greed.
Cryptopolitan on MSN18h
Fed shuts down program that put extra oversight on banks’ crypto dealings
The Federal Reserve has shut down the program it built to keep banks on a leash when they got involved with crypto.
Bitcoin steadies near $119K as traders eye a 92.6% chance of a Fed rate cut in September. Technical setup points to a ...
Bitcoin hits new all-time high of $124,128 while Ethereum surges 30% in a week as Fed rate cut expectations grow and crypto ...
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