Bitcoin price edged higher today after a volatile trading week. Currently, the cryptocurrency has surpassed the $59,000 mark, with excitement building over a possible rate cut by the US Federal Reserve at their forthcoming meeting.
Despite this upward trend, lingering concerns continue to keep some investors on the sidelines. They are cautiously monitoring market signals and Fed decisions before making significant moves.
The price recovery reflects the growing anticipation and uncertainty surrounding the Federal Reserve's next actions.