Bitcoin Hits $77K After Fed’s 25bps Rate Cut Spurs Rally

Bitcoin surged above $77,000 on Friday after the U.S. Federal Reserve announced a 25 basis point interest rate cut, lowering rates to a target range of 4.50%-4.75% to align with its monetary policy goals. The decision added momentum to the ongoing crypto market rally, pushing BTC to a new all-time high of $77,270. While making The post Bitcoin Hits $77K After Fed’s 25bps Rate Cut Spurs Rally appeared first on Coin Edition .

Source: Coin Edition