Bitcoin Price Update 🚀
Rebound Rally? 📈
Bitcoin showed a steady climb today!
• Opening Price: $98,203.01
• Closing Price: $99,429.60 (+0.8%)
• Current Price: $98,958.27 (+0.77%)
Why the Movement? 🤔
1️⃣ Interest Rate Cut: The Fed slashed rates by 25 bps to 4.5%, fueling optimism.
2️⃣ Inflation Update: Inflation remains above the Bank of England’s 2% target but is slowing down.
3️⃣ Crypto Market Sentiment: Despite corrections, bulls dominate this week! 🐂
Analyst Outlook 🔮
• Bitcoin might stay around $100,000 in the long term 📊.
• Short-term swings expected—remember, the crypto market is super volatile! ⚠️
Stay informed and watch for sudden moves!