๐ Bitcoin Blasts to $65K! ๐
After days of sideways trading, Bitcoin finally broke free and soared to $65,000 for the first time since August! ๐
Two major factors seem to be driving this $5,000 daily surge. First, the US Federal Reserve's recent hints at lowering interest rates have excited the market. Chair Jerome Powell's speech at the 2024 Jackson Hole Economic Symposium suggested a potential rate cut in September. ๐
Secondly, the US presidential election cycle is heating up. Robert F. Kennedy's endorsement of Donald Trump, a known Bitcoin supporter, has added fuel to the fire. ๐ฅ
Stay tuned as BTC continues to ride this wave! ๐