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Jerome Powell

  • Bitcoin Skyrockets as Fed Slashes Rates—Will $70K Be Next?

    • September 19, 2024
    • Posted by: Gordon
    • Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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    Bitcoin has once again shown its resilience, rallying to over $62,000 after the U.S. Federal Reserve announced its first interest rate cut in over four years. The Fed’s decision to reduce the benchmark interest rate by 50 basis points has sent shockwaves across financial markets, with Bitcoin quickly benefitting from the move. Fed’s Rate Cut

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  • Bitcoin’s September Slump: Is a Massive October Rally on the Horizon?

    • September 3, 2024
    • Posted by: Gordon
    • Category: Crypto Market, ICO Blog, IGH News, Market Insights, Market News
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    Bitcoin’s price is keeping traders on the edge of their seats as it hovers around the $60,000 mark, but September’s notorious reputation as a bearish month has many wondering if the worst is yet to come. With the first week of September delivering promising gains, there’s a glimmer of hope, but historical trends and broader

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  • Bitcoin Struggles at $64K—Could a Breakout to $68K Be Imminent?

    • August 25, 2024
    • Posted by: Gordon
    • Category: ICO Blog, IGH News, Market Insights, Market News
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    Bitcoin is currently trading around $64,000, up from recent lows, as it aims for a potential surge towards $68,000. The cryptocurrency’s price recently peaked at nearly $49,000 before pulling back slightly. Earlier this year, Bitcoin reached a new all-time high of over $73,000 in March, fueled by significant inflows into newly created Bitcoin ETFs. Bitcoin

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  • Powell’s Rate Cut Signal and RFK Jr.’s Trump Endorsement: The Perfect Storm for Bitcoin’s Rise

    • August 24, 2024
    • Posted by: Gordon
    • Category: ICO Blog, IGH News, Market Insights, Market News
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    Bitcoin has experienced a significant surge, rising over 5% in the past 24 hours to break above $64,000. This rally comes as two major developments unfold: Robert F. Kennedy Jr.’s endorsement of Donald Trump and Federal Reserve Chairman Jerome Powell’s indication of potential interest rate cuts. These events have not only shaken up the political

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