Bitcoin Price Pushes Higher as Fed’s Powell Signals Incoming Rate Cuts – BTC to $70K Soon?

The Bitcoin (BTC) price hit a new two week high on Friday above $62,000, in wake of Fed Chair Jerome Powell’s Jackson Hole speech, where he signaled the start of an incoming rate cutting cycle from the world’s largest central bank. source: https://cryptonews.com/news/bitcoin-price-pushes-higher-as-feds-powell-signals-incoming-rate-cuts-btc-to-70k-soon.htm