🚀 **Bitcoin's Rollercoaster Ride: From Peaks to Valleys!** 🚀
Bitcoin enthusiasts, buckle up! BTC recently flirted with a new local peak just over $61,000 but faced a swift downturn, dropping by over $2,000. Despite this volatility, there's plenty to be optimistic about! 🌟
Last Friday, US Fed Chair Jerome Powell hinted at potential interest rate cuts, which, combined with RFK's election withdrawal, propelled BTC to a high of $65,100. However, bears took control, pushing it down to a multi-week low of $57,900.
Currently, Bitcoin is hovering below $60,000, with a market cap just under $1.175 trillion. But remember, BTC's dominance is up to 53.8%! Stay tuned, Bitcoiners! 🚀📈