Bitcoin Bulls Cautiously Celebrate as BTC Breaks $61K 🎉

- Bitcoin (BTC) surged 6.4% in under 12 hours on Sept. 17, crossing $61,000 for the first time in three weeks.

- Despite the rally, derivatives markets show traders are still cautious, with sentiment remaining lukewarm.

- BTC's price movement mirrored the S&P 500, which hit an all-time high thanks to stronger-than-expected US economic data.

- The Bitcoin futures premium stabilized at 6%, indicating cautious optimism but not full-blown bullishness.

- With the Fed's interest rate decision looming, traders are hesitant to make big moves. Will BTC hold $61K or slip back? Stay tuned!