🚀 Bitcoin's Wild Ride! 🚀

After the Fed's rate cut, Bitcoin surged 14%, but Japan's new PM Shigeru Ishiba's election triggered a selloff. Ishiba's support for higher interest rates led to a quick 5% drop in Japan's Nikkei and Bitcoin fell from $66K to $63.3K, now at $63.8K. 📉

Despite the dip, Bitcoin had a strong bull run thanks to the Fed's rate cut and China's economic stimulus. CoinDesk's James Van Straten warned of overbought conditions with high perpetual funding rates.

What do you think? Is this just a bump in the road or a sign of more volatility ahead? Share your thoughts! 💬 #Bitcoin #CryptoNews