Bitcoin (BTC) trades above $60,000, piling nearly 5% gains on Tuesday.
Bitcoin shows signs of recovery as more traders anticipate a 0.50% US interest rate cut on Wednesday Bitcoin shows signs of recovery, risingabove $61,000 at the time of writing on Tuesday, following a three-day decline after failing to close above $60,500 over the weekend. This positive momentum could be bolstered by an anticipated 50 basis points US interest rate cut by the US Federal Reserve on Wednesday, according to CME Group data.
Crypto Today: Bitcoin breaks past $60,000, Ethereum and XRP gain slightly Bitcoin trades above $60,000, piling nearly 5% gains on Tuesday. Bitcoin Spot ETFs noted $12.9 million inflows on Monday, according to data from SoSoValue. This marks three consecutive days of inflows.
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