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Rising investor bets on a September Fed rate cut boosted demand for BTC.
Rising investor bets on a September Fed rate cut helped BTC demand offset German government sales.
What Happened: Bitcoin (CRYPTO: BTC) price trends remained bearish on Saturday as the token traded below the 50-day and 200-day EMAs.
However, rising investor bets on a September Fed rate cut boosted demand for BTC-spot ETFs, which helped keep the floor at $55,000 despite the German government’s BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Headline US producer price data for June beat forecasts on Friday, although key sub-components signaled a potential return of disinflation.
According to the CME FedWatch Tool, the chances of a September Fed rate cut increased from 77.7% on Friday, July 5 to 96.3% on Friday, July 12.
Rising expectations of a September Fed rate cut fueled demand for BTC-spot ETFs, which helped keep the floor at $55,000 despite the German government’s BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German Government BTC Sales Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-Spot ETFs, Offsetting German government BTC sales.
Rising Expectations Of A September Fed Rate Cut Fueled Demand For BTC-
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