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Bitcoin Tops $86,000 as Fed Pause Hopes Lift Crypto Stocks

Original: Bitcoin Crosses $86,000 on Fed Pause Hopes. Strategy Leads Crypto Stocks Higher.

Bitcoin has climbed above $86,000, with traders betting the US Federal Reserve will pause interest rate hikes. The rally has lifted crypto-related equities, with Strategy, the largest corporate bitcoin holder, leading gains among crypto stocks. Markets are watching upcoming Fed decisions closely, as expectations of looser monetary policy have been a key driver of recent cryptocurrency price movements.

Why now: Investors are reacting to renewed bets that the Federal Reserve will pause rate hikes, boosting risk assets like bitcoin.

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• Bitcoin Crosses $86,000 on Fed Pause Hopes. Strategy Leads Crypto Stocks Higher. · Barron's

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