Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

2025-05-10

Bitcoin market cycle indicator Hints at Bullish Breakout Vooruit, says Analyst

2025-05-10

Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

2025-05-10
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Renta Network works together with thoughts to introduce AI-driven discovery into the Real-World Assets

    2025-05-10

    Decentralized AI Society to run Hypercycle Masternode

    2025-05-09

    Agi Open Network Partners with AI Sim for Smarter, faster AI agents

    2025-05-09

    Hela Labs to redefine decentralized data possession in collaboration with Insight Genesis

    2025-05-09

    Hashkey chain reveals the puzzle game of the chains in the chains in collaboration with Zypher Network

    2025-05-09
  • NFT

    Drink-to-earn? A new sparkling water comes with an NFT and points

    2025-05-08

    Cobie says we will return if someone buys this $ 20 million NFT

    2025-05-08

    Edge Matrix, Colabs Partner to strengthen NFT -Makers

    2025-05-08

    Argentinian football club Partners with StepN to launch digital sneakers

    2025-05-05

    Pudgy Penguins #6873 Leads with Top NFT -sale worth $ 360.2k

    2025-05-04
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

    2025-05-10

    NFT-Ecosystemtoken built on Solana (SOL) Hapert after obtaining surprise support from Binance Futures

    2025-05-09

    XRP analyst marks XDC for 3,350% starts as bullish statistics appear

    2025-05-09

    Trader says that the market is ready for a strong reversal after Bullish Move – here is his target for Ethereum and Altcoins

    2025-05-09

    Crypto analyst says the XRP price must remedy this level or risk fries to $ 1.9

    2025-05-09
  • Learn

    What Is Proof-of-Authority (PoA)?

    2025-05-10

    What Is Proof-of-Stake (PoS)? A Beginner’s Guide

    2025-05-09

    What Is a Layer-1 (L1) Blockchain?

    2025-05-03

    What is a Layer-2 (L2) Blockchain Network Solution?

    2025-05-02

    What Is a Layer-0 Protocol?

    2025-05-02
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»Regulation»Bitcoin breaks $77,000 after the US Federal Reserve votes to cut interest rates again
Bitcoin breaks $77,000 after the US Federal Reserve votes to cut interest rates again
Regulation

Bitcoin breaks $77,000 after the US Federal Reserve votes to cut interest rates again

2024-11-09No Comments2 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Bitcoin (BTC) broke $77,000 on Friday and hit another new all-time high, a day after the US Federal Reserve opted to cut interest rates again.

The Federal Open Market Committee (FOMC) voted this week to cut the Fed’s policy rate by a quarter of a percentage point, following a 50 basis point cut in September.

Fed Chairman Jerome Powell noted at a news conference on Thursday that inflation has fallen from a peak of 7% to 2.1% in September, although he said the Fed’s goal is still to reduce it even to 2 %.

“We view the risks to achieving our employment and inflation targets as roughly balanced, and we are alert to the risks to both sides of our mandate.

At today’s meeting, the committee decided to lower the target range for the federal funds rate by 1/4 percentage point, to 4-1/2 to 4-3/4 percent. This further recalibration of our policy stance will help maintain the strength of the economy and the labor market and will continue to enable further progress on inflation as we move toward a more neutral stance over time.”

The 50 basis point rate cut in September was the Fed’s first rate cut since March 2020.

Bitcoin hit a new all-time high $77,239.75 on Friday. The top-ranked crypto asset rose in price for the first time earlier this week after former Republican candidate Donald Trump won the US presidential election. Trump campaigned on a pro-crypto agenda, despite previously expressing skepticism about digital assets.

BTC is trading at $76,523 at the time of writing.

Don’t miss a beat – Subscribe to receive email alerts straight to your inbox

Check price action

Follow us further XFacebook and Telegram

Surf to the Daily Hodl mix

Featured image: Shutterstock/phanurak rubpol/gg_tsukahara



Source link

See also  JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Investigate or Eliminate the Language after Trump's Executive Order: Report
Bitcoin Breaks Cut Federal Interest Rates Reserve Votes
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin market cycle indicator Hints at Bullish Breakout Vooruit, says Analyst

2025-05-10

Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

2025-05-10

Bitcoin hits $ 100k – so why do BTC ETF stream slow down suddenly?

2025-05-10

Tech Expert predicts Bitcoin of $ 1 million – ‘only one 10x left’

2025-05-09
Add A Comment

Comments are closed.

Top Posts

Cardano (ADA) under pressure: Bear Target $ 0.50 Demolition

2025-02-28

“Buy everything you can,” says Bernstein after Bitcoin’s latest ATH

2024-11-13

Bitcoin acts with a discount for the past month, signaling of sales pressure – what this means

2025-02-01
Editors Picks

Whales Move Over $650,000,000 in Bitcoin, Ethereum, XRP, and Dogecoin – Here’s Where the Cryptos Are Going

2023-06-01

Sam Altman’s World Network and Razer want to beat Gaming’s bone problem

2025-03-18

MicroStrategy takes the pressure as BTC returns to $63k

2024-03-20

Bitcoin’s rising wedge formation: Will BTC break higher or rejection of face?

2025-03-16
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Chainlink keeps strong at $ 15.29 support – is a new breakout on your hands?

Bitcoin market cycle indicator Hints at Bullish Breakout Vooruit, says Analyst

Founder of Crypto Lending Platform Celsius sentenced to 12 years in prison for fraud

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$103,686.370.56%
  • ethereumEthereum(ETH)$2,375.735.69%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.393.49%
  • binancecoinBNB(BNB)$662.415.35%
  • solanaSolana(SOL)$172.125.46%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • dogecoinDogecoin(DOGE)$0.21969611.87%
  • cardanoCardano(ADA)$0.792.99%
  • tronTRON(TRX)$0.2634543.33%
  • suiSui(SUI)$3.970.36%
  • chainlinkChainlink(LINK)$16.272.98%
  • avalanche-2Avalanche(AVAX)$23.956.58%
  • stellarStellar(XLM)$0.3027923.43%
  • shiba-inuShiba Inu(SHIB)$0.0000168.11%
  • hedera-hashgraphHedera(HBAR)$0.2056255.02%
  • hyperliquidHyperliquid(HYPE)$24.912.29%
  • the-open-networkToncoin(TON)$3.342.79%
  • bitcoin-cashBitcoin Cash(BCH)$417.34-0.47%
  • unus-sed-leoUNUS SED LEO(LEO)$8.81-0.58%
  • polkadotPolkadot(DOT)$5.1213.19%
  • litecoinLitecoin(LTC)$104.208.88%
  • moneroMonero(XMR)$315.135.92%
  • bitget-tokenBitget Token(BGB)$4.765.88%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.00001313.15%
  • piPi(PI)$0.743.44%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.543.88%
  • bittensorBittensor(TAO)$448.883.47%
  • nearNEAR Protocol(NEAR)$2.996.83%
  • aptosAptos(APT)$5.731.99%
  • okbOKB(OKB)$55.103.92%
  • ondo-financeOndo(ONDO)$1.033.59%
  • aaveAave(AAVE)$214.683.71%
  • internet-computerInternet Computer(ICP)$5.555.66%
  • ethereum-classicEthereum Classic(ETC)$19.414.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.444.86%
  • kaspaKaspa(KAS)$0.1065755.13%
  • gatechain-tokenGateToken(GT)$22.324.26%
  • crypto-com-chainCronos(CRO)$0.1022113.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2598444.06%
  • vechainVeChain(VET)$0.0307346.03%
  • render-tokenRender(RENDER)$5.095.82%
  • mantleMantle(MNT)$0.782.45%
  • ethenaEthena(ENA)$0.3763483.95%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2365994.30%
  • filecoinFilecoin(FIL)$3.062.67%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.858.65%
  • bitcoinBitcoin(BTC)$103,686.370.56%
  • ethereumEthereum(ETH)$2,375.735.69%
  • tetherTether USDt(USDT)$1.000.01%
  • rippleXRP(XRP)$2.393.49%
  • binancecoinBNB(BNB)$662.415.35%
  • solanaSolana(SOL)$172.125.46%
  • usd-coinUSDC(USDC)$1.00-0.04%
  • dogecoinDogecoin(DOGE)$0.21969611.87%
  • cardanoCardano(ADA)$0.792.99%
  • tronTRON(TRX)$0.2634543.33%
  • suiSui(SUI)$3.970.36%
  • chainlinkChainlink(LINK)$16.272.98%
  • avalanche-2Avalanche(AVAX)$23.956.58%
  • stellarStellar(XLM)$0.3027923.43%
  • shiba-inuShiba Inu(SHIB)$0.0000168.11%
  • hedera-hashgraphHedera(HBAR)$0.2056255.02%
  • hyperliquidHyperliquid(HYPE)$24.912.29%
  • the-open-networkToncoin(TON)$3.342.79%
  • bitcoin-cashBitcoin Cash(BCH)$417.34-0.47%
  • unus-sed-leoUNUS SED LEO(LEO)$8.81-0.58%
  • polkadotPolkadot(DOT)$5.1213.19%
  • litecoinLitecoin(LTC)$104.208.88%
  • moneroMonero(XMR)$315.135.92%
  • bitget-tokenBitget Token(BGB)$4.765.88%
  • daiDai(DAI)$1.000.01%
  • pepePepe(PEPE)$0.00001313.15%
  • piPi(PI)$0.743.44%
  • ethena-usdeEthena USDe(USDE)$1.000.01%
  • uniswapUniswap(UNI)$6.543.88%
  • bittensorBittensor(TAO)$448.883.47%
  • nearNEAR Protocol(NEAR)$2.996.83%
  • aptosAptos(APT)$5.731.99%
  • okbOKB(OKB)$55.103.92%
  • ondo-financeOndo(ONDO)$1.033.59%
  • aaveAave(AAVE)$214.683.71%
  • internet-computerInternet Computer(ICP)$5.555.66%
  • ethereum-classicEthereum Classic(ETC)$19.414.30%
  • official-trumpOFFICIAL TRUMP(TRUMP)$14.444.86%
  • kaspaKaspa(KAS)$0.1065755.13%
  • gatechain-tokenGateToken(GT)$22.324.26%
  • crypto-com-chainCronos(CRO)$0.1022113.20%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2598444.06%
  • vechainVeChain(VET)$0.0307346.03%
  • render-tokenRender(RENDER)$5.095.82%
  • mantleMantle(MNT)$0.782.45%
  • ethenaEthena(ENA)$0.3763483.95%
  • usd1World Liberty Financial USD(USD1)$1.000.00%
  • algorandAlgorand(ALGO)$0.2365994.30%
  • filecoinFilecoin(FIL)$3.062.67%
  • artificial-superintelligence-allianceArtificial Superintelligence Alliance(FET)$0.858.65%