Bitcoin Price Hits $62,000 Amid Interest Rate Cuts – Best Cryptos to Buy Now

The post Bitcoin Price Hits $62,000 Amid Interest Rate Cuts – Best Cryptos to Buy Now appeared first on Coinpedia Fintech News The U.S. Federal Reserve (Fed) has acted aggressively, cutting its benchmark interest rate by 50 basis points amid signs of lowering inflation. Bitcoin reacted positively to the news, with a 3% rally in the past 24 hours. Bitcoin Rises As Traders Bet On Strong Economy It’s the first time the Fed has lowered its interest …