Bitcoin reclaims $116K, Ether, XRP push higher after Fed’s Powell hints at possible rate cuts

Key Takeaways Bitcoin surged above $116,000 following Federal Reserve Chair Powell’s signal of possible rate cuts. Powell emphasized a data-driven approach to monetary policy, citing resilience in the economy and ongoing inflation concerns. Share this article Bitcoin climbed over 3% on Friday to trade above $116,000 as optimism in crypto markets picked up after Federal…

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