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Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto Market

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Bitcoin Blasts to ,853—Powell’s Rate Cut Hints Lift Entire Crypto Market
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Source: Bitcoin.com

Bitcoin Blasts to $64,853—Powell’s Rate Cut Hints Lift Entire Crypto MarketBitcoin reached an impressive peak of $64,853 per unit on Friday, spurred by U.S. Federal Reserve Chair Jerome Powell’s speech at Jackson Hole, where he hinted at the possibility of rate cuts in September. The cryptocurrency showed a 5.3% increase in the past day, contributing to a 5.01% rise in the overall crypto market, which […]

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Author: Jamie Redman

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