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Bitcoin hits new ATH as Fed cuts interest rates by 25 bps

  • Bitcoin spikes to a new all-time high above $76,600 amid bullish sentiment around Donald Trump's election victory.
  • The Federal Reserve's decision to cut interest rates by 25 basis points and indicate further tightening also buoyed markets.
  • Bitcoin rises for the third day in a row, hitting a new all-time high above $76,000.
  • Analysts believe the influx of 'cheap capital' could strengthen the bull market.

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