Bitcoin and Ethereum Up 🚀
- Bitcoin (BTC) and Ethereum (ETH) gained 2-3% in the last 24 hours.
- BTC is showing signs of recovery after bottoming last week. According to analyst Bob Loukas, the theory of daily cycles suggests that BTC could rise even higher.
- The Federal Reserve is expected to cut interest rates next week, but the extent of the cut is divided among market participants.
- Ethereum (ETH) regained the $2,400 level, and revenue from transaction fees increased by 60%.
- The CoinDesk 20 Index rose 2.5%, with Polygon (MATIC) in particular posting double-digit gains.
Share your thoughts in the comments! 💬