June 9, 2025

Bitcoin (BTC) enters new environment of lower rates – bull market recommences

1 min read

The Federal Reserve announced the first rate cut since early 2020, with 50 basis points. More rate cuts are on the table going into the end of this year, with another 75 bps anticipated. Bitcoin has risen to $62,000 on the news, with bulls looking to take advantage of increasing liquidity.

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Source: Crypto Daily

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