Bitcoin rose against the trend, breaking the September curse! What is the biggest reason?

Affected by the global interest rate cut, Bitcoin broke through $65,000, setting one of the strongest gains in September. This month, Bitcoin rose by more than 10%, far exceeding the average decline of 5.9% in September in the past ten years.

Bitcoin is rising again!

In September this year, Bitcoin rose by more than 10%, reversing the average monthly decline of 5.9% in the past 10 years. The main reason behind this is the interest rate cuts of major central banks, which have enhanced the market's risk appetite.

The rise of Bitcoin is closely related to the monetary policy of the Federal Reserve, and the Fed's actions have played a decisive role in driving the market up.

Today, the expiration of Bitcoin options contracts worth $5.8 billion may cause short-term fluctuations in Bitcoin, with prices hovering around $65,000.

If Bitcoin fails to "effectively" break through $65,000, future trends may be under pressure.