Currently, Bitcoin is trading around $116,000, rising amid growing optimism that the U.S. Federal Reserve may cut interest rates soon. September is usually a tough month for BTC, but this time it has been among the strongest in years, with steady gains driven by institutional demand and hopes for a more easing monetary policy. While the market appears more stable than previous cycles, there is still a lot of uncertainty, especially regarding how quickly interest rates will be cut and how regulators might move. At the moment, momentum leans bullish, but resistance near recent highs means traders are closely watching for the next breakout.
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Currently, Bitcoin is trading around $116,000, rising amid growing optimism that the U.S. Federal Reserve may cut interest rates soon. September is usually a tough month for BTC, but this time it has been among the strongest in years, with steady gains driven by institutional demand and hopes for a more easing monetary policy. While the market appears more stable than previous cycles, there is still a lot of uncertainty, especially regarding how quickly interest rates will be cut and how regulators might move. At the moment, momentum leans bullish, but resistance near recent highs means traders are closely watching for the next breakout.
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