Federal Reserve

Bitcoin Surges Past $64,000 as US Federal Reserve Cuts Interest Rates, Altcoins Rally

Bitcoin price surged to $64,000 following the Federal Reserve's interest rate cuts, with altcoins also performing strongly. Bitcoin exchange deposits hit a six-year low amid increased holding, and even Trump used Bitcoin for purchases in NYC.

Bitcoin and Ethereum Rally on Hints of Fed Rate Cuts Amid Upcoming Economic Data

Bitcoin and Ethereum prices surged following the Federal Reserve's indication of potential interest rate cuts in September, with investors eagerly awaiting upcoming U.S. jobless claims data and Fed Chair Powell's remarks at the Jackson Hole Symposium.