Bitcoin (BTC) cracked $77,000 and set another new all-time high on Friday, one day after the U.S. Federal Reserve opted to lower interest rates again.

Fed Chair Jerome Powell's speech later today could shake up markets as he will face questions about the central bank's outlook on monetary policy and inflation after Donald Trump's decisive win of the U.

Fed rate cuts by 25 basis points boost Bitcoin to $76.7K as economic policies and inflation concerns influence markets.