Bitcoin Price Surge Amidst Rate Cut Speculations
On Friday, Bitcoin's price soared, reaching its highest level since early September, as traders speculated about a potential rate cut by the Federal Reserve. The cryptocurrency's value approached $60,000, peaking at $59,735. This marks a significant recovery from earlier losses in September, previously driven by concerns over a slowing U.S. economy. For example, Bitcoin had dipped to $53,300 just a week prior, following disappointing job data for August.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
