Bitcoin (BTCUSD) Surges Above 93K on Fed’s Third Rate Cut Amid Inflation Moderation
Bitcoin briefly surged above $93,000 following the Fed's expected 25 basis point rate cut, the third this year, as inflation moderates and economic growth slows.
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Bitcoin briefly surged above $93,000 following the Fed's expected 25 basis point rate cut, the third this year, as inflation moderates and economic growth slows.
The Fed cut interest rates by 25 bps and plans to stop shrinking its balance sheet in late 2025, boosting crypto liquidity and sparking mild gains in Bitcoin and altcoins, signaling strong demand and…