Top Crypto Market Trigger Driving Bitcoin’s Latest Move

Rate cut expectations lifted Bitcoin near $91,271, with $90,000 acting as support while traders monitor $93,600 resistance and downside risks below $88,000.

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9 days ago

Top Crypto Market Trigger Driving Bitcoin’s Latest Move

Top Crypto Market Trigger Driving Bitcoin’s Latest Move
Global crypto markets turned active as Bitcoin surged near $91,271 amid growing confidence that the US Federal Reserve could cut rates this week. Futures markets are pricing in nearly an 85% chance of a 25 basis-point cut, which strengthens demand for risk assets. Bitcoin remains inside the Gaussian Channel, a long term indicator that separates bull momentum from weakness.