Eilen on Nostr: The world's leading cryptocurrency has broken above $63,300 for the first time since ...
The world's leading cryptocurrency has broken above $63,300 for the first time since mid-August. This 4.07% jump in the past 24 hours follows the Federal Reserve's unexpected decision to cut interest rates by a 50 basis points. This move, exceeding market expectations of a 25 basis point reduction, has injected liquidity into the financial system, boosting investor appetite for assets like Bitcoin.
Published at
2024-10-07 19:19:31Event JSON
{
"id": "5ed815aad4cd81a98a5ee4e27812d17847abb2bed2ae0ef7e47775626fe32615",
"pubkey": "81464eaccd4bfe634ef3cdca9495312b0f6d15d7ab6b95efd18d5072ed3dbe0b",
"created_at": 1728328771,
"kind": 1,
"tags": [],
"content": "The world's leading cryptocurrency has broken above $63,300 for the first time since mid-August. This 4.07% jump in the past 24 hours follows the Federal Reserve's unexpected decision to cut interest rates by a 50 basis points. This move, exceeding market expectations of a 25 basis point reduction, has injected liquidity into the financial system, boosting investor appetite for assets like Bitcoin.",
"sig": "571cdfc0c24c026ca8627382d1c3c56cfbdd97b8f0d0792fc3b80341e6993c95c593149d24d0f4db4d748d1d000d73ba0513ca623e4fac17cd50dbabfd5fb1f1"
}
