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Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst

The Federal Reserve is expected to hold interest rates this month, but a surprise cut could help drive Bitcoin to a fresh peak, says CMC Markets’ Carlo Pruscino.

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Fed rate cut decision to ‘impact heavily’ on if Bitcoin hits $112K: Analyst

The Federal Reserve is expected to hold interest rates this month, but a surprise cut could help drive Bitcoin to a fresh peak, says CMC Markets’ Carlo Pruscino.

Why this matters

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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