Bitcoin (BTC) surged nearly 4% in the last 24 hours, reaching $117,400, as the cryptocurrency market began the quarter positively. The rise was driven by new economic data suggesting potential Federal Reserve rate cuts, with traders anticipating a 25 basis point reduction at the October meeting. Altcoins including Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE) also experienced gains between 5% and 7%.
Bitcoin Climbs 4% on Rate Cut Speculation and Economic Data
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