🚀 The crypto market returns to green: Bitcoin surpasses $116K
Today, August 22, optimism has returned strongly to the crypto market. Bitcoin surged and is trading around $116,700, driven by comments from Federal Reserve Chairman Jerome Powell, who hinted at the possibility of a rate cut in September.
This scenario renewed investors' appetite and not only favored BTC:
✅ Ethereum soars +9% and surpasses $4,600
✅ Dogecoin rises +7%
✅ Solana advances +6%
The market overall shows a solid green of +4.4% in 24 hours, marking a positive turnaround after weeks of bearish pressure.
🔥 A rate cut would be a key catalyst for cryptocurrencies to maintain momentum and perhaps seek new all-time highs in the coming months.
👉 Do you think this rally is the start of a new bullish cycle or just a technical rebound?
