Bitcoin Price Hits New All-Time High at $124K as Traders Price in Fed Rate Cuts – Analysts Expect Further Upside
The price of Bitcoin (BTC) surpassed its previous peak at around $123,000 to register a new all-time high at $124,000 today. The development comes amid rising anticipation of an interest rate cut by the U.S. Federal Reserve and sustained institutional demand for crypto assets. The world’s largest cryptocurrency by market capitalization rallied 3.64% in 24 … Read more