Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.
The markets posted a reaction: Stocks continued to rise, with the S&P 500 on track for another record close. Bitcoin was also trading near its record high of over $76,000.On Thursday, the Federal Reserve announced a 25-basis-point interest rate decrease to the target range of 4.50%-4.75%, a move deemed favorable for"risk-on" assets like cryptocurrencies. Bitcoin extended its surge, on track to mark its fourth day of gains if today closes in green.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: Utoday_en - 🏆 295. / 63 Read more »