BTC surges 6% after Fed cuts interest rates by 0.50% on September 18, pushing prices to near $63,500 🎉
- US unemployment report on September 19 drops to 219,000, creating a positive signal.
- S&P 500 hits new high, Fed Chairman Powell affirms US economy is stable.
- Investor Ray Dalio worries that the upcoming US election could have a major impact on the global economy.
However, BTC traders remain cautious with the $62,000 support level. Funding rate and put-to-call ratio show stability but no signs of a sharp increase.
What do you think about the future of BTC? Comment now! 💬