BITCOIN SURGES TO $62,000 FOLLOWING FED CHAIR’S INTEREST RATE CUT SIGNAL
Sat 24 August 2024: The price of Bitcoin soared to $62,000 on Friday after U.S. Federal Reserve Chair Jerome Powell hinted at an upcoming interest rate cut during the central bank’s next meeting in September. Following Powell’s remarks at the annual Jackson Hole symposium in Wyoming, Bitcoin reached a high of $62,276. By 12:30 p.m. […]
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