Bitcoin hits $65,000 for the first time since early August, rekindling investor interest in spot ETFs
Bitcoin's rally began last week when the Federal Reserve cut interest rates for the first time since the pandemic more than four years ago, opting to cut by 50 basis points instead of the previously expected 25 basis points. According to the CME's FedWatch tool, traders expect the Fed to cut rates again at its next meeting on November 7, with current bets leaning toward another 50 basis point cut
