Bitcoin recently surged above $60,000, driven by significant macroeconomic factors. Traders are now anticipating a rise towards $70,000 as a result.
The Federal Reserve's recent meeting minutes hinted at potential rate cuts, which could positively impact Bitcoin's price by increasing global liquidity through lower interest rates.
One crypto analyst pointed out that the dominance of USDT (USDT.D) could also play a role in Bitcoin's bullish prospects.
