News Digest from Revenuebot 💰

BTC is trading at $122,516

ETH is trading at $4,736

🔹BTC Dominance — 58.60%

🔹Market Capitalization — $4.16 trillion

🌀 Fear and Greed Index - 68

Interesting points:

✔️ A new all-time high was set for BTC above $124,000, surpassing Google

The key factor for the continuation of BTC's upward trend was the CPI report on August 12, which showed a slowdown in inflation growth.

✔️ Currently, the probability of a Fed rate cut in September is 100%, and forecasts are even emerging for a reduction of as much as 0.50% as it was in September last year.

✔️ Interest in searching for “altcoin” on Google has reached its highest level since 2021.