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coinpedia 2024-08-22 07:35:22

Bitcoin News Today: How the FED’s Potential Rate Cut Is Pushing BTC Higher

The post Bitcoin News Today: How the FED’s Potential Rate Cut Is Pushing BTC Higher appeared first on Coinpedia Fintech News After the Fed released FOMC minutes on Wednesday that signaled a possible rate cut next month, Bitcoin’s (BTC) price surged 2 percent to reach a daily high of about $61,830. The flagship coin, however, has experienced a significant resistance level around the 50-day Moving Average (MA). Nonetheless, the daily Relative Strength Index (RSI) has since …

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