Bitcoin reached a one-month high of $63,200 following the Federal Reserve's interest rate cut.
Bitcoin surged to one-month highs, reaching over $63,200, following the Federal Reserve's recent interest rate cut, which has eased recession fears. The US dollar strengthened against the yen, hitting a two-week high, while Japanese markets remained closed for Autumnal Equinox Day. Goldman Sachs anticipates further Fed rate cuts, with expectations influencing risk assets. The Bank of Japan held rates steady, pausing the yen's gains amid political challenges.
September 23, 2024
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