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International Business Times

Business

Marvie Basilan

Bitcoin Challenges $77K, Solana Hits $200 Amid Federal Reserve Interest Rate Cuts

Solana Bitcoin Donald Trump Crypto Mantle

Bitcoin has been hitting new all-time highs since Tuesday. (Credit: Pixabay)

KEY POINTS

Bitcoin is up by nearly 10% in the last seven days, posting new ATHs in three consecutive days
Solana outperformed Bitcoin in the past week, rallying by nearly 19%
Stand With Crypto's data showed that majority of the elected candidates in Congress are pro-crypto

Bitcoin (BTC) has once again achieved a new all-time high, and Solana (SOL) hit $200 as the Federal Reserve cut interest rates by 25 basis points to 4.50 percent – 4.75 percent following the September reductions.

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