"Crypto Rebound: Bitcoin Hits $66K as SOL and DOGE Lead the Way"

1 min read
Source: CoinDesk
TL;DR Summary

Bitcoin surged past $67,000 following dovish remarks from the Federal Reserve, while Ether rebounded from SEC-related fears and Dogecoin soared on news of Coinbase's plan to list futures contracts. The crypto markets bounced sharply higher, with Bitcoin targeting $67,000 after the Fed maintained its outlook for three rate cuts this year despite hotter-than-expected inflation figures. Traditional markets also climbed higher, with the S&P 500 index jumping nearly 1% to a fresh all-time high, and the tech-heavy Nasdaq-100 gaining 1.3%.

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