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Bitcoin Rises Above $62K
Bitcoin and crypto stocks rise after the Fed cuts rates by half a percentage point
Cryptocurrencies rose during a broad market rally Thursday, one day after the Federal Reserve delivered a large interest rate cut.
Bitcoin, ether, other crypto prices surge after jumbo Fed rate cut
Bitcoin (BTC-USD) and other major cryptocurrencies jumped in Thursday morning trading after the Federal Reserve delivered its first interest-rate cut since the onset of the pandemic and signalled further policy easing as the year draws to a close.
First Mover Americas: Bitcoin Rises Above $62K After Fed Cuts Rate
This article originally appeared in First Mover, CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day.
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