đ Bitcoin Soars to $61K After Fed Rate Cut!
Big news for Bitcoin! After the Federal Reserve's first rate cut in 4 years, BTC surged to $61,000. đ The Fedâs 50 basis point cut sparked optimism, but expect some short-term volatility ahead.
Why the Jump?
The cut to 4.75%â5% makes borrowing cheaper, pushing investors toward riskier assets like Bitcoin. While prices pulled back slightly to $59,616, long-term outlook remains đ„ bullish.
Whatâs Next?
Experts predict price swings in the short term, but Bitcoin could break new highs as the Fed maintains a dovish stance.
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