Bitcoin reclaims $116K, Ether, XRP push higher after Fed’s Powell hints at possible rate cuts
August 22, 2025 · 2:57 PM
The article reports a surge in optimism within the cryptocurrency market, highlighted by Bitcoin's recovery to $116,000 and gains in Ether and XRP. This positive momentum follows comments from Federal Reserve Chair Jerome Powell suggesting potential future rate cuts, which could influence investment and economic conditions.
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