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Bitcoin trading high after Fed rate cut amid election news.
Binance

Binance Market Update: Bitcoin Hits New Highs Amid Fed Rate Cut (2024-11-08)

Explore the latest on the Binance market as Bitcoin reaches $76K and the Fed cuts rates. Discover gains in major cryptocurrencies and key market events influencing crypto prices.

Economic TrendsGraph showing the rise in US Treasury bond yields after the Fed's rate cut.

US Treasury Yields Surge After Fed's Historic Rate Cut

On October 23, U.S. Treasury bond yields rose significantly following the Federal Reserve's first rate cut since 2020. Analyzing trends, the increase indicates market resilience and reduced recessi...

earnings seasonS&P 500 Index nearing record high with financial news surrounding earnings season.

S&P 500 Approaches Record High Amid Earnings Season

The S&P 500 Index is nearing historic highs as the earnings season kicks off, driven by strong economic data and optimism despite global tensions. Major banks are set to release results, while ...

Fed Rate CutA graphic illustrating the impact of Fed rate cuts on stablecoin revenue streams.

Fed Rate Cut to Affect Stablecoin Revenue: Impact Analysis

The recent Fed rate cut is expected to significantly impact the revenue of major centralized stablecoins with losses projected at $1.56 billion. Delve into how changes in Treasury bond rates are af...

Anthony PomplianoVisual representation of Bitcoin market performance following Federal Reserve interest rate cuts.

Bitcoin Emerges As Top Asset Post Fed Rate Cut, Says Expert

Expert Anthony Pompliano highlights Bitcoin's exceptional performance as the leading asset after the Fed's interest rate cuts, outperforming gold and oil. The influx of money into the system favors...

Fed rate cutTraders analyzing market trends and interest rates with focus on the Federal Reserve.

Traders Raise Expectations for November Fed Rate Cut

Traders are now pricing in a 50% chance of a 50 basis point rate cut by the Federal Reserve in November, as the US Dollar Index declines to 100.57.