Bitcoin, Ether Catch Friday Afternoon Bids, Rise to Three-Week Highs

Crypto is back on the rise! After a period of being overshadowed by altcoins like Solana (SOL) and Dogecoin (DOGE), Bitcoin (BTC) and Ether (ETH) are making a strong comeback.

​Key Highlights 📈

​Bitcoin (BTC) surged 2% to $116,600.

​Ether (ETH) jumped 5% to $4,650.

​This rally marks a three-week high for both cryptos, reminiscent of the surge that followed Federal Reserve Chairman Jerome Powell's dovish speech.

​Powell's unexpected shift to a more lenient monetary policy hinted at a potential interest rate cut, which is now widely expected at the upcoming Fed meeting.

​While the initial post-speech rally was short-lived, this new uptrend shows renewed investor confidence in the crypto market's top players.

​This renewed interest in BTC and ETH suggests a potential shift in momentum. As the Fed meeting approaches, many are watching to see if this trend continues.#BNBBreaksATH #BNBBreaksATH #ETHReclaims4700