Powell’s Rate Cut to Fuel Bitcoin Momentum – Bitcoin Hyper Presale Skyrockets Past $16.5M
PositiveCryptocurrency

The recent 0.25-point interest rate cut by the US Federal Reserve, announced by Chair Jerome Powell, is generating excitement in the cryptocurrency market, particularly for Bitcoin. While Powell indicated that this cut is a precautionary measure and may not significantly impact the economy, it has sparked a surge in Bitcoin presales, which have already surpassed $16.5 million. This momentum suggests that investors are optimistic about Bitcoin's potential growth, making it a noteworthy development in the financial landscape.
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