BTC trades above $76,000 in Asian morning hours Friday, up nearly 10% over the past week. In line with analyst expectations, the Federal Reserve cut rates by 25 basis points on Thursday in a move that typically supports risk assets like bitcoin by increasing liquidity and weakening the dollar.
Volatility Expected in Bitcoin Later Today as US Headline Inflation Data Is Expected to Tick Higher: Van Straten
November 13, 2024
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