đ Bitcoin Buzz! đ
Hold onto your hats, crypto enthusiasts! Bitcoin buyer interest in the US has hit a 39-day high, thanks to the Fed hinting at lower interest rates. đ
- On Aug. 23, Bitcoinâs Coinbase Premium Index spiked to its highest point since July 15.
- This index measures the gap between Bitcoinâs price on Coinbase Pro and Binance, indicating US investor demand.
Fed Chair Jerome Powell teased interest rate cuts but kept us guessing on the timeline. Meanwhile, Bitcoin flirted with $65K, reaching $64,769âits highest since Aug. 2.
Is this the start of a bull run? Share your thoughts below! đŹ