Bitcoin and the broader crypto market have shown a robust recovery, breaking through potential resistance levels.
This uptick followed Fed Chairman Jerome Powell’s indication of forthcoming interest rate cuts during the Jackson Hole meeting.
As a result, Bitcoin's price surged by 5%, surpassing the $64,000 mark.
Speculation is now rife about whether Bitcoin can continue its trajectory and rally beyond $70,000.
Source: www.thecoinrepublic.com ↗
