Bitcoin Sets New All-Time High as FED Cuts Interest Rates

Bitcoin continued to increase in price over the past 24 hours, after the US Federal Reserve cut interest rates, along with positive news from Donald Trump's victory.

Azcnews Bitcoin Sets New All Time High As Fed Cuts Interest Rates

Bitcoin surged to $76,800 over the past 24 hours, continuing to break its all-time high record after the US Federal Reserve (FED) decided to cut interest rates. The US central bank approved a 0.25 basis point interest rate cut, a decision supported by all 12 members of the FED board. Previously, in September, the FED cut interest rates by 50 basis points, this was the first cut since the strong rally in 2022.

Bitcoin Chart
Bitcoin Chart

Despite the strong price increase, leading cryptocurrency research platform CryptoQuant believes that Bitcoin still has growth potential. CryptoQuant highlights the MVRV index and the ratio of the current price to the cost of buying by investors as positive factors.

MVRV is an index that measures the market value of a coin compared to its actual value, to assess whether the asset is overvalued or not. Currently, Bitcoin’s MVRV is around 2.26, indicating that the Bitcoin market is not overheated and is far from its peak. An asset is considered overvalued when its MVRV exceeds 3.7.

Bitcoin Mvrv Ratio
Bitcoin Mvrv Ratio

CryptoQuant also believes that Bitcoin’s price is still close to the buying price of traders, which should help alleviate potential selling pressure. Analysts expect Bitcoin’s price to reach six figures during this bull run, driven by institutional investment, favorable macroeconomic factors, and political influences.

Read more: Solana Ecosystem Meme Coins Hit $12 Billion After 30% Surge

In a message to investors, Bitwise Chief Investment Officer Matt Hougan set a price target of $200,000 per Bitcoin by 2025.

(2 votes)

5.0/5

(2 votes)

Latest

Bitcoin Boom Ahead Institutional And Derivatives Data Reveal

News | Bitcoin | Editor Choice

Bitcoin Boom Ahead? Institutional and Derivatives Data Reveal

Market experts believe that Bitcoin (BTC) is in a phase of accumulation rather than topping, predicting a retest before the next explosive breakout.

Bnb Super Cycle – A Massive Rally Or Binance’s Next Big Bubble

News | Altcoin | Editor Choice

BNB Super Cycle – A Massive Rally or Binance’s Next Big Bubble?

Binance’s BNB token is heating up the crypto market with a series of new record highs, but amid the excitement of the so-called “Super Cycle,” many analysts warn it could just be a bubble waiting to burst.

Bitcoin Cools Off After Record Breaking Rally

News | Bitcoin | Editor Choice

Bitcoin Cools Off After Record-Breaking Rally

After a series of record-breaking gains, Bitcoin suddenly slipped more than 2% on Tuesday afternoon as a wave of profit-taking spread and investor caution returned to the crypto market.

Aster Accused Of Inflating Trading Volume, Token Price Drops 10%

News | Altcoin | Editor Choice

Aster Accused of Inflating Trading Volume, Token Price Drops 10%

The decentralized exchange Aster is facing heated controversy after being accused by DefiLlama of fabricating trading volume, causing the ASTER token to plunge sharply.

Bnb Price Surges Toward $2,000 Amid Altcoin Season Boom

News | Altcoin | Editor Choice

BNB Price Surges Toward $2,000 Amid Altcoin Season Boom

BNB continues to set new records as the altcoin season ignites, with investors eyeing the $2,000 milestone amid a wave of market optimism.

Screenshot 2025 09 10 100533