đ Bitcoin is back in action, surging past $65K for the first time in nearly two months! The king of crypto is up 2.7% in the last 24 hours, with the broader CoinDesk 20 Index also seeing gains. Notably, Cardano, Avalanche, and NEAR Protocol are outperforming BTC, while Ether lags slightly.
The rally kicked off last week when the U.S. Federal Reserve slashed interest rates by 50 basis points. Traders are now eyeing another potential cut on Nov. 7.
China's potential $142B capital injection into state banks also fueled global market optimism. đ
What are your thoughts on BTC's latest surge? Letâs discuss in the comments! #Bitcoin #CryptoNews
