Bitcoin and several cryptocurrencies have gained traction this week, notably due to a weakening U.S. Dollar which is enhancing capital inflows into the crypto market.
The acquisition of 1,009 BTC by Metaplanet is fostering positive sentiment among investors, contributing to the rise in Bitcoin’s price.
While there is optimism, analysts urge caution, hinting at possible volatility following the Federal Reserve’s upcoming decisions.
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