Tuesday, November 5, 2024
Home > News > Bitcoin News > Bitcoin (BTC) Price Faces Key Test at $64K as Solana, AVAX, Aptos Rallies 10%-15%

Bitcoin (BTC) Price Faces Key Test at $64K as Solana, AVAX, Aptos Rallies 10%-15%

Bitcoin climbed nearly 6% over the past 24 hours from Wednesday’s whipsaw below $60,000 as traders digested the Fed’s decision to lower benchmark interest rates by 50 basis points, a move many observers say may mark the beginning of an easing cycle by the U.S. central bank. The largest crypto hit its highest price this month at $63,800 during the U.S. trading hours before stalling and retracing to just above $63,000.

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