Bitcoin traders turned noticeably more optimistic on Friday after the probability of a US Federal Reserve rate cut in December nearly doubled within 24 hours, injecting fresh hope into a market that has been sliding for weeks.
Key Takeaways:
The shift in expectations has already sparked speculation that a policy pivot could help Bitcoin stabilize after its latest downturn.
Bitcoin is trading around $85,071, down more than 10% over the past week, according to CoinMarketCap.
https://cryptonews.com/new...
Key Takeaways:
The shift in expectations has already sparked speculation that a policy pivot could help Bitcoin stabilize after its latest downturn.
Bitcoin is trading around $85,071, down more than 10% over the past week, according to CoinMarketCap.
https://cryptonews.com/new...
29 days ago