Bitcoin is on the rise again! đ
- Bitcoin (BTC) has returned to levels not seen in almost two months, surpassing $65,000 on Thursday morning.
- BTC is up 2.7% in the past 24 hours, approaching $65,400. The CoinDesk 20 Index is up 1.6%.
- Cardano (ADA), Avalanche (AVAX), and NEAR Protocol (NEAR) outperformed BTC, while Ethereum (ETH) performed more modestly.
- The rise was fueled by the US Federal Reserveâs interest rate cuts and Chinaâs efforts to revive the economy.
- Spot Bitcoin ETFs have also seen a resurgence of interest, with BlackRockâs iShares Bitcoin Trust (IBIT) receiving major investments.
Share your thoughts in the comments! đŹ
