Bitcoin has surged back to $59,000, driven by trader expectations of a 50-basis point rate cut from the Federal Reserve.
This development is covered in CoinDesk's daily newsletter First Mover, which provides context for the latest price actions in the cryptocurrency markets.
The anticipation of a Federal Reserve rate cut has fueled upward momentum in the broader crypto markets as well.
Quelle: www.coindesk.com ↗