đ Bitcoin Bounces Back! đ
Bitcoin (BTC) just got a boost, surging 6% after the Fed cut interest rates by 0.50% on Sept. 18, hitting a three-week high near $63,500. But wait, there's more! The US jobless claims report on Sept. 19 showed a four-month low, adding to the positive vibes. đ
Despite the rally, Bitcoin bulls are playing it safe, keeping leveraged positions in check. The $62,000 support level is still under watch. Meanwhile, the S&P 500 hit an all-time high, with Fed Chair Jerome Powell reassuring everyone that "the US economy is in good shape."
What do you think? Is Bitcoin ready to soar higher? Drop your thoughts in the comments! đŹ
