Increased demand for Bitcoin in the US following interest rate cuts by the Federal Reserve

From Coin Telegraph
August 24, 2024 12:46:39 AM:

Bitcoin demand in the United States skyrocketed following the Federal Reserve’s announcement of interest rate cuts.

Investors in the US showed a significant increase in interest towards Bitcoin after the Federal Reserve revealed their plans to reduce interest rates.

The Federal Reserve’s decision to lower interest rates sparked a surge in demand for Bitcoin among American investors.

Read more at Cointelegraph: Bitcoin’s Coinbase premium hits 39-day high as $63K is reclaimed