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Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

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16 Dec 2024 06:34 AM 922 views

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin reached an all-time high of over $106,000, marking a significant milestone just 10 days after surpassing the $100,000 mark. The cryptocurrency’s surge is fueled by expectations that the Federal Reserve may cut interest rates during its upcoming policy meeting. Lower interest rates historically benefit Bitcoin, as they weaken the US dollar and increase the money supply, driving investor interest in digital assets. Bitcoin has risen over 77% in the last year, and its rec

Business

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#screen-time-for-toddlers

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Pak PM Admits BrahMos Strikes Caught Army Off-Guard

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Pak PM Admits BrahMos Strikes Caught Army Off-Guard

The Real Origins of Santa Claus: From Turkey to the North Pole Debate

Watch Live Revanth Reddy Vs KCR Clash In Telangana Assembly Winter Session

Houston Congressman Files SNAP SECURE Act to Restore Benefits Stolen by Skimming Fraud

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#screen-time-for-toddlers

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Bitcoin Hits $106,000 as Investors Anticipate Fed Rate Cut

Pak PM Admits BrahMos Strikes Caught Army Off-Guard

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