Bitcoin Tops $86,000 on Easing Fed Rate Hike Fears
Bitcoin surged past $86,000 on Friday, buoyed by diminishing expectations of an imminent U.S. interest rate hike, a development that has boosted risk assets like cryptocurrencies. The flagship cryptocurrency was up 2.1% at $86,410, reaching a one-week high.
S. interest-rate hike eased, lifting risk assets including cryptocurrencies. 1% at $86,410, after earlier touching a one-week high as optimism returned to cryptocurrenc…