Bitcoin(BTC) hit a new high on the morning of Jul. 10 as the U.S. Federal Reserve(Fed) predicted a rate cut in July. “Several participants have noted that they may consider lowering the policy rate target range at their next meeting if the data is consistent with their agreement,” the Fed said in a release of minutes from the Federal Open Market Committee(FOMC) meeting on Wednesday. “Several participants noted that the current benchmark interest rate target may not be significantly higher than the neutral level,” it said. As Bitcoin surged on e
