🚀 Bitcoin is on the rise again, climbing above $64,000 in early U.S. trading hours! This comes ahead of key speeches from Fed officials, including Chairman Jerome Powell, and China's commitment to support its economy.
- Bitcoin is eyeing the $65,000 mark, a level not seen since early August.
- Powell's speech at the U.S. Treasury Market Conference could be a major catalyst.
- Traders are watching for signs of further easing from the Fed, with a potential interest rate cut on the horizon.
Retail and institutional interest in Bitcoin is growing, bolstered by the approval of options trading on Blackrock's IBIT.
- Daily net inflows for BTC ETFs hit $100 million for the second day in a row.
- Retail investors have accumulated 35,000 BTC in the past month.
What do you think? Will Bitcoin break $65,000 soon? Share your thoughts in the comments! 💬