Tag: Fed Rate Cuts

news-08112024-093236

Bitcoin ETFs Gain $1.3B Inflows Amid Trump Win and Fed Rate Cuts

Bitcoin ETFs in the U.S. have experienced a significant increase in net inflows following Donald Trump's presidential win. The total inflows reached a record-breaking $1.38 billion, with BlackRock's IBIT leading the way with over...
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Bitcoin Price Surges Past $67K, Dollar Index Falters: Beige Book Backs Fed Rate Cuts

Bitcoin has surged past $67,000 following the release of the Federal Reserve's Beige Book survey, which indicated a subdued economic outlook and increased the possibility of rate cuts in November and December. The report...