Bitcoin price charges to $116K as Fed's Powell hints at interest-rate cut
Bitcoin recovers from a trip to six-week lows as Fed Chair Jerome Powell gives strong "dovish" clues over where interest rates will head in September.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin recovers from a trip to six-week lows as Fed Chair Jerome Powell gives strong "dovish" clues over where interest rates will head in September.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Claude AI Predicts that Chainlink (LINK) Could Hit Triple Digits in 2026
Claude AI predicts a wildly bullish price target for Chainlink (LINK), claiming it could reach $100 by January 1, 2027, if a near-...
Bitcoin ETF Records $260 Million Outflows, Led by Fidelity and BlackRock
US spot Bitcoin ETFs recorded $261.4 million in net outflows on October 14, led by Fidelity’s FBTC with $152.7 million withdrawn a...
Ether ETFs lose $320M in a week, outpacing Bitcoin fund outflows
The significant Ether ETF outflows highlight investor caution towards volatile assets amid macroeconomic pressures, impacting mark...
Bitcoin ETFs post $82.39 million in net outflows as Ethereum funds shed $69.68 million
The significant outflows from Bitcoin and Ethereum ETFs indicate a cautious investor sentiment, potentially signaling a broader ma...
Charles Schwab says Bitcoin still has strong fundamentals for the future
Schwab's endorsement and regulatory clarity could bolster Bitcoin's legitimacy, potentially driving broader institutional adoption...
Plasma partners with Stripe to build multi-currency stablecoin cards
The partnership could revolutionize global transactions by reducing currency conversion costs, enhancing financial inclusivity, an...