Bitcoin Gains 5% to $86,000 as Powell Message Sparks Crypto Enthusiasm — TradingView News
Key points:
- Bitcoin rallies on Fed event
- Powell eyes two cuts in 2025
- Ether cracks $2,000 per token
OG coin rushed to higher grounds after the Fed chief signalled two cuts to interest rates were still in the cards for 2025. Ether cracked $2,000.
🏷️ Bitcoin Pops to $87,500
- Bitcoin prices
BTCUSD rallied 5% on Wednesday after crypto traders flocked to buy up the token on elevated optimism coming from the Federal Reserve. The original cryptocurrency powered to a session high of $86,000 and briefly extended its pop to $87,500 Thursday morning. - But momentum faded and the crypto was back under $86,000 a piece as trading normalized and volatility settled. Still, Bitcoin hit a peak last seen in early March — an indication that the…
