🚀 Bitcoin's rollercoaster week! After hitting a 4-month high of $70K, BTC pulled back to $62,700, down 5.5% in 24 hours. Other cryptos like ETH, SOL, and XRP also saw declines. 📉

📊 Despite the dip, economic data hints at potential Fed rate cuts, which could be bullish for BTC. Chairman Powell's remarks suggest a rate cut in September if growth and inflation slow.

🇬🇧 The Bank of England joined the easing trend, cutting rates for the first time in 4 years.

🏛️ Bitcoin bulls are now eyeing the 2024 election. Trump's support for BTC is clear, but with Kamala Harris' rising odds, will the crypto-friendly stance continue?

What do you think? Comment below! 👇