Bitcoin Breaks $113,600 as Traders Anticipate Fed Policy Easing

Bitcoin surged above US$113,600 as traders bet on Fed easing and stronger ETF inflows, pushing total crypto value to US$3.89 trillion and fueling a broader market rebound.

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36 days ago

Bitcoin Breaks $113,600 as Traders Anticipate Fed Policy Easing

The cryptocurrency market advanced as Bitcoin hit US$113,666, extending its weekly rally amid rising bets on a U.S. Federal Reserve rate cut. Ethereum gained 1.6% to US$4,046.40, driving total crypto capitalization to US$3.89 trillion. Analysts attributed the momentum to cooling Treasury yields, expanding ETF inflows, and renewed risk appetite among institutions. Market strategists said dovish Fed expectations could sustain crypto strength through November if inflation prints continue softening and liquidity conditions remain accommodative for digital assets.
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  • crypto
  • bitcoin