Bitcoin climbed above $91,300 on Monday, driven by expectations of a 25-basis-point rate cut by the Federal Reserve. This rise in Bitcoin was accompanied by gains in other major cryptocurrencies, with Ether increasing by 3% to $3,135, and ADA and XRP also experiencing upward momentum.
Despite these gains, market sentiment remains cautious, as indicated by CryptoQuant’s Bull Score hitting zero for the first time since early 2022. In other developments, Ethereum developers successfully completed the Fusaka hard fork, and K33 Research pointed to potential 2026 401(k) rule changes as a medium-term catalyst for Bitcoin.
Bitcoin Surges Above $91,300 on Fed Rate Cut Speculation
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