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Bitcoin Above 117K After Fed Rate Cut and as September Defies Bearish Trend

Pelican Press

By Pelican Press,
in World News

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rose to a fresh 6-week high of 117.9k following the interest rate decision, as the price grinds very slowly higher. Meanwhile, altcoins are experiencing a stronger rally with + 2.5%, trades 3.5% higher, and has jumped 9%. The cryptocurrency market capitalisation has risen 1.49% over the past 24 hours to $4.11 trillion. Gains in the crypto market come after the Federal Reserve cut interest…

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