#Bitcoin enters an upward trajectory due to the Federal Reserve and exceeds $38,000

_#Bitcoin.rose.back.above $38,000 over the past few hours on optimism that the US central bank may be closer to lowering borrowing costs if inflation continues to decline. #The.largest.cryptocurrency.by.market cap rose as much as 3.3% to $38,264, before later paring those gains. Bitcoin reached an 18-month high of $38,422 on Friday, as lower interest rates generally increase investor appetite for riskier assets such as digital tokens.

$BTC

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