Hey crypto enthusiasts! 🌟
Bitcoin (BTC) hit $63,000 on Sept. 19, following the momentum of stocks. Data from Cointelegraph Markets Pro and TradingView shows fresh three-week highs near $63,500.
- The Fed cut interest rates by 0.5%, boosting stocks and gold.
- BTC/USD advances towards its key resistance.
- The US Treasury spread reflects market optimism.
Institutions are no longer aggressively shorting BTC. What do you think? Leave us your comments!