📉 Bitcoin Bulls Bet on Fed’s “Rate Cut Rush” 🏦

🔁 Echoes of 2024’s 100% rally resurface!

After a weekend dip to $112K, #Bitcoin is rebounding on renewed hopes of a September rate cut. The CME FedWatch Tool now shows an 80% probability, up from 40% last Friday! 📈

🔍 Why it matters:

🔹 Weak US job data 💼

🔹 Sudden resignation of Fed Governor Adriana Kugler

🔹 Trump pressures Fed for easier policy

🔹 Analysts cite parallels to 2024’s “catch-up cuts” that doubled BTC 💥

📊 Current Stats:

• BTC: $114,560 (+0.9%)

• ETH: $3,550 (+2.7%)

📅 Keep your eyes on US CPI (Aug 12) — could be the next big catalyst.

💬 Are you stacking sats or waiting for confirmation? 👇$BTC

BTC

67,832.99

-0.84%

$ETH

ETHUSDT

Perp

1,998.05

+0.57%

$XRP

XRP

1.4811

-0.23%

#CryptoNews #BTC #Fed #EthereumETFApprovalExpectations #RateCut #BitcoinRally #BTC #MarketRebound MacroUpdate #FOMC