{"id":"tp-13065","type":"article-newspaper","title":"Bitcoin Soars to $62K as Fed Lowers Rates by 50 Basis Points Amid Investor Uncertainty","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/13065","datePublished":"2024-09-19T09:41:52.000Z","dateModified":"2024-09-19T09:41:52.000Z","language":"en","abstract":"The U.S. Federal Reserve has slashed rates by 50 basis points, sending Bitcoin soaring to $62,182. The move ends a four-year break from rate cuts and adds uncertainty to an already unpredictable market.Rates will be l…","section":"Business","references":[{"title":"U.Today","url":"https://u.today/bitcoin-surges-as-fed-goes-for-massive-rate-cut"},{"title":"sluggish","url":"https://www.pbs.org/newshour/show/economist-says-federal-reserve-too-slow-to-cut-interest-rates-and-weakening-the-economy"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}