Bitcoin Reclaims $9.2K as Fed’s Unexpected Stimulus Plans Ignite Demand

Bitcoin popped to fresh quarter highs Wednesday as the US Federal Reserve warned of a “medium-term” economic disaster. The central bank decided to maintain its benchmark lending rates near zero while calling for further stimulus support from Washington. The dovish outlook helped to send all leading assets higher, including the Wall Street index and Gold. Bitcoin was among the biggest gainers Thursday as the Federal Reserve left benchmark lending rates near-zero and hinted at providing […]

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Author: toutiao