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After Fresh All-Time High, Bitcoin Eyes $77K as US Fed Lowers Interest Rates

  • Bitcoin's price soared 8% in the past week, reaching new highs above US$76,943 following Trump's electoral victory.
  • Global central banks, excluding Australia's RBA, are reducing interest rates, contributing to Bitcoin's upward trend.
  • Recent statements by Fed Chair Jerome Powell clarify that US elections and presidential pressures have no immediate policy impact.
  • Analysts highlight substantial capital inflows into Bitcoin, setting the stage for further price increases.

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