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Cryptoslate

Why is Bitcoin near all-time highs? Everything that happened in crypto today

Bitcoin (BTC) traded at $120,367.71 as of press time, near its all-time high of $124,000, driven by expectations of a rate cut and a market structure reset. Softer US labor signals and a live government shutdown have traders leaning heavily toward another Fed cut this month, lifting risk assets across the board. At the same [...]The post Why is Bitcoin near all-time highs? Everything that happened in crypto today appeared first on CryptoSlate.