BTC Breaks $64,000 as Traders Anticipate Fed Rate Cut Bitcoin, the world's largest cryptocurrency by market capitalization, reached a new all-time high of $64,000 in late U.S. hours on Tuesday. This surge in price can be attributed to traders increasing the likelihood of a second consecutive 50 basis point rate cut by the Federal Reserve to 61%. This decision could potentially lead to a weaker U.S. dollar, making Bitcoin a more attractive investment option. With the current economic uncertainty and inflation concerns, many traders are turning to cryptocurrencies as a hedge against traditional assets. This has caused the demand for Bitcoin to skyrocket, resulting in its record-breaking price. This trend is expected to continue as more institutions and individuals embrace cryptocurrencies as a legitimate form of investment. Floki Fundamentals Fuel Price Surge Floki, a new cryptocurrency inspired by the popular TV show "Vikings", has seen a significant increase in ...
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