Cryptocurrency Market Soars After Fed’s Rate Cut Signals

August 24, 2025

The cryptocurrency market is experiencing a remarkable surge, driven by optimism surrounding potential interest rate cuts hinted at by Federal Reserve Chair Jerome Powell.As the Dow celebrates its first gain of over 800 points this year, cryptocurrencies are stepping into the spotlight, with Bitcoin (BTC) soaring 2.5% and Ethereum (ETH) rocketing over 15% to a new all-time high.
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