{"id":"tp-12802","type":"article-newspaper","title":"Bitcoin, Altcoins Surge: Crypto Market Gains Momentum After FED Rate Cut Tease","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/12802","datePublished":"2024-08-25T22:11:33.000Z","dateModified":"2024-08-25T22:11:33.000Z","language":"en","abstract":"Bitcoin and altcoins saw significant gains on Friday, propelling the cryptocurrency market's value up by $110 billion. The surge followed a FED announcement hinting at a potential rate cut, spurring investor optimism.","section":"Business","references":[{"title":"Coingape","url":"https://coingape.com/crypto-market-rally-bitcoin-price-altcoins-see-strong-surge-after-fed-rate-cut-hint/"},{"title":"Jerome Powell's remarks","url":"https://www.econotimes.com/Bitcoin-Reclaims-63K-as-Coinbase-Premium-Index-Hits-39-Day-High-on-Fed-Rate-Hints-1684960"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}