Bitcoin hits two-month low of ,957 after investors sell riskier assets on sharp rise in US bond yields | Stock Market News

Bitcoin hits two-month low of $90,957 after investors sell riskier assets on sharp rise in US bond yields | Stock Market News

Source: Live Mint Bitcoin slumped to an almost two-month low as investors dumped riskier assets after a sharp rise in bond yields.  The original cryptocurrency dropped 3.6% to $90,957 on Monday, its lowest since Nov. 26 and well below the peak of $108,316 it reached in December. Other cryptoassets were also in the red, with…

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Bitcoin surges over 2% as US Fed cuts interest rate by 0.5% in first reduction since 2020 | Stock Market News

Bitcoin surges over 2% as US Fed cuts interest rate by 0.5% in first reduction since 2020 | Stock Market News

Source: Live Mint Bitcoin News: The Federal Reserve has reduced interest rates for the first time since the early days of the COVID-19 pandemic, sending ripples through the cryptocurrency market. Bitcoin, the leading cryptocurrency, saw an uptick of about 3 percent in its value following the announcement on September 19, 2024. Bitcoin price record As…

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