Bitcoin Set for a Strong Q4 Rally Amid Fed Rate Cuts and Stablecoin Surge đ
A report by 10X Research highlights #Bitcoin 's recovery following the Federal Reserve's rate cut in September and China's stimulus efforts.
Bitcoin is expected to rise quickly to $70,000 after breaking $65,000, potentially reaching a new all-time high. Markus Thielen, founder of 10X Research, notes that the sharp increase in stablecoin minting, particularly $USDC , is injecting liquidity into the crypto market.
This surge is likely to drive a significant rally in Q4, with #FOMO possibly intensifying in the coming months.
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