Bitcoin surges past $62K following FOMC’s 50bp rate cut

Rony Roy

Bitcoin rallied past the $62,000 mark following the U.S. Federal Reserve’s decision to slash borrowing rates, marking the first cut in four years. The U.S. Federal Reserve cut its benchmark federal funds rate by 50 basis points to 4.75%-5% on…

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Bitcoin surges past $62K following FOMC’s 50bp rate cut