Bitcoin recovers $100k price level as expectations of Fed rate cut rise

Bitcoin (BTC) briefly surpassed theĀ $101,000 threshold after a 3% surge in the hours following November’s Consumer Price Index (CPI) numbers, which came within the 2.7% expectations. The rally has fueled investor confidence, with a 98% probability now assigned to a 25 basis point rate cut by the Federal Reserve next week, potentially bringing the US … Continue reading Bitcoin recovers $100k price level as expectations of Fed rate cut rise