đ Bitcoin on the rise after the Fed's 50 basis point rate cut! đ°
- The Fed cut interest rates for the first time since 2020, the target range is 4.75%-5.00%.
- With this news, Bitcoin returned to the 60,000$ level and reached a 20-day peak.
- Coinbase increased by 3%, MicroStrategy by 4%.
- Analysts state that the interest rate cut has a positive impact on the crypto market. đ
Interest in Bitcoin is increasing, stay tuned!