๐Ÿ“‰ Bitcoin Bulls Bet on Fedโ€™s โ€œRate Cut Rushโ€ ๐Ÿฆ

๐Ÿ” Echoes of 2024โ€™s 100% rally resurface!

After a weekend dip to $112K, #Bitcoin is rebounding on renewed hopes of a September rate cut. The CME FedWatch Tool now shows an 80% probability, up from 40% last Friday! ๐Ÿ“ˆ

๐Ÿ” Why it matters:

๐Ÿ”น Weak US job data ๐Ÿ’ผ

๐Ÿ”น Sudden resignation of Fed Governor Adriana Kugler

๐Ÿ”น Trump pressures Fed for easier policy

๐Ÿ”น Analysts cite parallels to 2024โ€™s โ€œcatch-up cutsโ€ that doubled BTC ๐Ÿ’ฅ

๐Ÿ“Š Current Stats:

โ€ข BTC: $114,560 (+0.9%)

โ€ข ETH: $3,550 (+2.7%)

๐Ÿ“… Keep your eyes on US CPI (Aug 12) โ€” could be the next big catalyst.

๐Ÿ’ฌ Are you stacking sats or waiting for confirmation? ๐Ÿ‘‡$BTC

$ETH

$XRP

#CryptoNews #BTC #Fed #EthereumETFApprovalExpectations #RateCut #BitcoinRally #BTC #MarketRebound MacroUpdate #FOMC