$BTC #CryptoMarketMoves #MarketDownturn
UPDATE ON $BTC
The $BTC price chart showcased a significant gain of 3.54% over the past day, settling at $61,005. The 24-hour price fluctuation saw a low of $58,506.25 and a high of $61,572.40.
This notable price pump comes amidst Federal Reserve Bank of Atlanta President Raphael Bostic's recent remarks on the U.S. economy. Bostic hinted at a slowdown in inflation nationwide and potential interest rate cuts on the horizon.
These statements have seemingly had a positive impact on the broader market, contributing to the recent uptick in Bitcoin's price.