world’s largest cryptocurrency Bitcoin, Today, it broke the all-time high price record for the second time in a row.
The previous intraday high for BTC was $76,400. With the latest rise, the new record was $ 76,466. However, after the record, the Bitcoin price showed a slight decline and is trading at $ 76,000 at the time of writing.
The rise in BTC price came about an hour before the FED’s critical interest rate decision. The FED is almost certainly expected to cut interest rates by 25 basis points. On the other hand, the coming days will probably be difficult for the FED, because with the election of Donald Trump as US President, it is expected to take several steps that can move inflation upwards. These include reducing immigration to the United States and new import taxes.
Some analysts think that in a new inflationary environment, some investors may turn to Bitcoin for protection.
*This is not investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoinde-yeni-tum-zamanlarin-en-yuksek-fiyat-rekoru-geldi-faiz-karari-oncesi-kritik-anlar-iste-son-veriler/
