Fed Chair Jerome Powell's Remarks Ripple Through Crypto Market: Details

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Fed Chair Jerome Powell's Remarks Ripple Through Crypto Market: Details
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Fed recently announced 25-basis-point interest rate cut

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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.

हमने इस समाचार को संक्षेप में प्रस्तुत किया है ताकि आप इसे तुरंत पढ़ सकें। यदि आप समाचार में रुचि रखते हैं, तो आप पूरा पाठ यहां पढ़ सकते हैं। और पढो:

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इंडिया ताज़ा खबर, इंडिया मुख्य बातें

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