📰 BTC News Today: Holding $117K After Fed Rate Cut
Key Points
Bitcoin up 1% to $117,783, staying strong after Fed rate cut.
1.5M BTC now held by companies & countries, showing heavy accumulation.
US lawmakers push BITCOIN Act to build a national BTC reserve.
Market Outlook
BTC trades well above support at $116K. With RSI at 69.34 and SMAs trending higher, analysts see room for a move toward $120K if momentum holds..
