Picture of the author

Crypto 350

02/08 17:12

Bitcoin, the world’s largest cryptocurrency by mar

Bitcoin, the world’s largest cryptocurrency by market cap, surged above $105,000 on Thursday after the US Federal Reserve kept rates steady and provided limited guidance on further reductions in borrowing costs this year 
At 10:57 am IST, Bitcoin was up 3.1%, trading at $105,336, while Ethereum rose 2%, reaching $3,187.

"There would be no rush to cut rates again until inflation and jobs data made it appropriate," said Fed Chair Jerome Powell.
Powell also noted that Fed officials are awaiting the impact of Trump’s policies on inflation and economic activity. Markets now expect the Fed to reduce interest rates by only about 50 basis points by the end of the year.
Please check your network connection.
#Grab $100,000 Surprise Gifts#Share Your Thoughts on Popular Assets in March#Hit March's Interaction Leaderboard#Split 500 USDT: Share Your Thoughts on BOME
5Partilhar

Todos os comentários0Mais recentePopular

avatar
Mais recentePopular