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Bitcoin jumps above $64,000 on Fed rate cut hopes; Toncoin, Polkadot climb up to 7%

Major cryptocurrencies surged following softer-than-expected U.S. jobs data, fueling speculation of potential Federal Reserve rate cuts. Bitcoin rose 1.5% to $64,340, Ethereum gained 3% to $3,184, and various altcoins, including BNB, Solana, XRP, Dogecoin, Toncoin, Shiba Inu, and Polkadot, also saw increases.

Cryptocurrency, Dogecoin, Shiba Inu price, Crypto price, XRP, BNB, Litecoin

Bitcoin declined on Thursday after the US Federal Reserve decided to maintain interest rates unchanged and its indication that rate cuts might be delayed.

Bitcoin rises over $63 3k amid Hong Kong ETF launch; Altcoins witness volatility

These debuts mark the first launch of spot cryptocurrency ETFs in Asia, coming just three months after the U.S. introduced its first ETFs to track spot bitcoin.

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he cryptocurrency market experienced a decline in Monday s trading session, with Bitcoin slipping 2.3% to $62,300, while Ethereum fell 4.3% to $3,170.

Cryptocurrency Price on April 25: Bitcoin drops below $65 3K; Solana, Avalanche tumble up to 9%

CoinDCX Research Team said, "The crypto market faced a downturn due to renewed conflict in the Middle East and worries about China s economic health, affecting investor confidence. Additionally, slowed ETF inflows contributed to the negative sentiment."

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