#Bitcoin rebounded to $43,000 after a Monday dip, fueled by #Fed signals suggesting interest rate cuts.
The Fed's dovish stance, with potential rate cuts, led to a surge in #cryptocurrencies and #stocks.
https://coinpedia.org/news/crypto-markets-surge-as-fed-hints-2024-rate-cuts/
The Fed's dovish stance, with potential rate cuts, led to a surge in #cryptocurrencies and #stocks.
https://coinpedia.org/news/crypto-markets-surge-as-fed-hints-2024-rate-cuts/
CoinPedia
Crypto Markets Surge as FED Hints 2024 Rate Cuts
Following a sudden downturn on Monday, Bitcoin swiftly rebounded, soaring past the $43,000 mark by Wednesday. The recent strong signals from the U.S.
Bitcoin's been a star player! Since 2020, it shot up by a whopping 432%, way ahead of the game compared to the S&P 500 and NASDAQ, which climbed up 56% and 50%.
Gold, the old reliable, inched up just 7%. Silver and bonds? Not so lucky, they slipped down by 13% and 19%. Looks like Bitcoin's the one wearing the crown in this game of assets!
#Bitcoin #Gold #NASDAQ #Stocks #Silver #Bonds #Coinpedia #Cryptocurrency
Gold, the old reliable, inched up just 7%. Silver and bonds? Not so lucky, they slipped down by 13% and 19%. Looks like Bitcoin's the one wearing the crown in this game of assets!
#Bitcoin #Gold #NASDAQ #Stocks #Silver #Bonds #Coinpedia #Cryptocurrency