Bitcoin price today: upbeat near $76k on Fed rate cut cheer, Trump victory
Investing.com-- Bitcoin rose on Friday and remained close to record highs hit this week as a Donald Trump victory in the 2024 presidential election and an interest rate cut by the Federal Reserve kept crypto markets upbeat.
Bitcoin was at the forefront of these gains, as markets bet that Trump will roll out more crypto-friendly regulations, as promised by his campaign. Powell also said that the Fed’s path was unchanged in the face of near-term political changes in the U.S., but would adapt to changing policies in the long-term.
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