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Fed Rate Cut Sends Bitcoin Soaring Past $60,000, Aiming for $100,000?The Federal Reserve announced a rate cut today, prompting a rapid surge in Bitcoin's price, which broke through the $61,000 mark and briefly touched $61,500, showcasing strong momentum. Although it has retreated to around $60,000 overnight, the market remains optimistic

Wall Street Bigwigs Predict Bitcoin to Hit $100,000, Fueled by Fed Rate Cuts and a Bullish Crypto ClimateAnthony Scaramucci, a well-known Wall Street hedge fund manager, recently predicted that Bitcoin could reach a staggering new all-time high of $100,000 by the end of this year. This prediction is based on the anticipated Federal Reserve rate cut cycle and the increasing likelihood of favorable crypto regulations from the US government, particularly after the November US presidential election

Ethereum Plunges 6% Amidst FUD Wave: Trump Attack, Fed Rate Cut Trigger Market TurmoilEthereum (ETH) price plummeted by 6% in the past 24 hours, falling from an intraday high of $2,425 on September 15th to a low of $2,260 on September 16th. This decline pushed ETH below the $2,200 support level, marking its lowest point since January this year

Bitcoin Reclaims $60,000, Altcoins Surge, Fed Rate Decision Remains CrucialThe crypto market experienced a strong surge, with Bitcoin (BTC) breaking through $60,000, reaching $60,400 at the time of writing. This news has also fueled a widespread rally in altcoins, with assets like DOGE, ETH, and SHIB turning green and registering gains exceeding 3%

Bitcoin and US stocks climb as expectations for Fed rate cut heat upBitcoin (BTC) and US stocks were trending higher in early trading on Tuesday as Wall Street's expectations for a 50-basis-point rate cut from the Federal Reserve now stand at 63%. The size of the rate cut has been the focus of intense debate over the past week, as data has been mixed but has shown a clear indication that inflation continues to moderate toward the Fed's 2% target, while US consumers are showing resilience despite higher living costs

Fed Rate Cut Expectations Rise, Bitcoin Rallies Strongly, Can It Hold Above $60,000?The Federal Reserve is set to announce its latest interest rate policy at around 2:00 AM Beijing time on Thursday (September 19th). All analysts anticipate a rate cut, but opinions diverge on whether the cut will be 25 basis points or 50 basis points

Bitcoin Takes Off, But Is It All About the Fed Rate Cut?Bitcoin experienced a sharp rally last night, soaring from $57,500 to above $60,000 after the US stock market opened, likely fueled by speculation surrounding the anticipated rate cut. However, its crucial to note that a rate cut doesnt necessarily imply price increases in Bitcoin

Fed Rate Cut and Upcoming Election Could Push Bitcoin to New HighsHedge fund manager Anthony Scaramucci predicts that Bitcoin will hit new highs, driven by a combination of a Fed rate cut and clear US cryptocurrency regulations after the November presidential election."We are going to see legislation in the first part of the next U

Bitcoin Falls Below $56,000 as Fed Rate Hike Expectations RiseOn Wednesday (September 11), CME Bitcoin futures (BTC) closed at $57,685.00, down 0

Bitcoin falls below $56,000 as Fed rate cut expectations coolBitcoin (BTC) and the broader cryptocurrency market declined in early trading on Wednesday, a move that coincided with diminished expectations for a Fed rate cut following the release of the August Consumer Price Index (CPI) report. The report showed that overall inflation rose at its slowest pace in more than three years in August, but it did not increase market expectations for a significant rate cut from the Fed

Last Week in Crypto: Bitcoin ETFs See Outflow of Over $700 Million, Arthur Hayes Turns Bearish on Bitcoin, Fed Rate Cut Expectations Remain Uncertain After Nonfarm PayrollsLast week, the crypto market experienced significant volatility, with investors keenly focused on factors such as Federal Reserve rate cut expectations, the release of nonfarm payrolls data, and net outflows from Bitcoin ETFs. Here's a quick look at the hottest topics and recommended content from the past week in crypto:Bitcoin ETFs Outflow Exceeds $700 Million, Market Panic SpreadsAccording to FarsideInvestors data, US spot Bitcoin ETFs recorded a cumulative net outflow of $7

Bitcoin Leads Crypto Market Crash After NFP Data Misses Estimates, Ahead of Fed MeetingOn September 6th at 20:30 EST, the US Department of Labor released the highly anticipated August non-farm payroll report. The data revealed that the US's seasonally adjusted non-farm employment growth was lower than expected, sparking market expectations that the Federal Reserve might continue raising interest rates in the future