**Bitcoin Buyers Buzz as Fed Hints at Rate Cuts ๐Ÿ“ˆ**

- Bitcoin interest in the US hit a 39-day high after the Fed hinted at lower interest rates.

- CryptoQuant's Julio Moreno noted the spike in Bitcoin's Coinbase Premium Index, a sign of US investor demand.

- The index reached its highest point since July 15, signaling strong buying pressure.

- Fed Chair Jerome Powell hinted at rate cuts but kept the timeline vague.

- Bitcoin's price surged to $64,769, its highest since Aug. 2, before settling at $63,978.

- Market analysts are optimistic, despite recent concerns over mining costs and potential sell-offs.