Bitcoin climbs to nearly $65,000 as Fed chair signals interest rate cut Related news
Bitcoin
ISTANBUL The price of Bitcoin climbed to nearly $65,000 early Saturday after US Federal Reserve Chair Jerome Powell signaled an interest rate cut at the central bank's upcoming meeting in September. Bitcoin saw its price climbing to as high as $64,845 on Friday after Powell's much-anticipated speech at the annual Jackson Hole symposium in the US state of Wyoming. The world's biggest cryptocurrency was trading around $64,653 at 6.30 p.m. EDT (2230GMT) Friday for a daily gain of 6.8%. Ethereum,
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