$BTC
DOGE and ADA break out – Bitcoin nears $100K ahead of the next Fed meeting
The crypto market today is brightening as Bitcoin approaches the $100,000 mark, while Dogecoin (DOGE) and Cardano (ADA) lead the rally. The boost comes from expectations that the U.S. Federal Reserve (Fed) will cut interest rates this year and the “teasing” trade from former President Trump.
Market highlights:
DOGE +5%, ADA +4%
$ETH, $BNB, $XRP, $SOL rise by 2%–3%
CoinDesk 20 index rises by 2.2%
Investors forecast that the Fed may cut 100 basis points from July onwards
The story is no longer about “if” but “when will the Fed ease” – and crypto is ready for the party!
