Recently, Bitcoin’s price reached a low of $91,800 before stabilizing around $93,300. This fluctuation occurred despite a bullish trend in U.S. Stocks, with the S&P 500 and Nasdaq climbing 2% and 2.6% respectively.
Beth Hammack, President of the Federal Reserve Bank of Cleveland, has indicated that preemptive interest rate cuts may be possible. Investors are anticipating these changes, as reflected in the significant inflows into Bitcoin ETFs, totaling $1.8 billion over just two days.
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