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Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates

The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday’s interest rate cut by the U.S. Federal...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin Briefly Shoots Past $116K After Fed Cuts Rates
The 25-basis-point cut marks the first time the U.S. Federal Reserve has lowered its policy rate since December 2024. Fed Cut Sends Bitcoin Above $116K, but Not for Long Wednesday’s interest rate cut by the U.S. Federal Reserve wasn’t much of a surprise, after all, just minutes before the announcement, the CME Group’s Fedwatch Tool […]

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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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