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Bitcoin Rallies as US Yields Fall on Fed Rate Pause Signals

Dow Jones Newswires Read original source (opens in a new tab)
The Story

News Summary

  • U.S.
  • Treasury yields fell and the dollar weakened after Federal Reserve officials signaled rate stability, boosting risk assets.
  • Bitcoin gained over 1% alongside gold and U.S.
  • stock futures, while the Japanese yen surged on heightened expectations of Bank of Japan policy tightening and potential intervention.
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BTCUSD price history

77637.52 +15.88% over the displayed period

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