Bitcoin ($BTC ) and Ethereum ($ETH ) Rebound: Bitcoin has stabilized above the $91,000 level, and Ethereum is holding above $3,000. The overall crypto market has shown early signs of a bullish turnaround and recovery after a recent slump.
Federal Reserve Optimism: A major catalyst for the current positive sentiment is the increasing expectation (now around 85%) of a Federal Reserve interest rate cut in December. This typically fuels a move toward riskier assets like cryptocurrencies.
BTCUSDT
Perp
86,626.1
-0.57%
ETHUSDT
Perp
2,804.31
-1.68%