Coinbase and Bitcoin Surge After Powell's Rate Cut Hint

Coinbase shares surge 7% after Powell hints at possible interest rate cut, reversing earlier losses and boosting Bitcoin. The crypto market rallies amid renewed optimism, but volatility remains a key theme for Coinbase and the broader tech sector, especially those tied to the AI trade. Despite recent gains, Coinbase still trades below its July peak. Hosted on Acast. See acast.com/privacy for more information.