đ Bitcoin Rockets to New Highs as Fed Rate Cut Sparks Investor Mania
Wall Street's favorite inflation hedge just got a turbocharge from the Fed's dovish pivot.
The Catalyst: Bitcoin surged 18% in 24 hours after Fed Chair Powell hinted at imminent rate cutsâtraders piled in faster than a DeFi yield farm exploit.
Market Frenzy: Liquidations hit $240M in shorts as BTC smashed through resistance levels. 'This isn't FOMO anymoreâit's institutional FOMO,' quipped one hedge fund manager while adjusting his diamond hands.
The Irony: The same central bank that once called crypto 'rat poison' is now indirectly fueling its rally. Guess even traditional finance can't resist the siren song of asymmetric returns.
Closing Thought: When the music stops, remember: the Fed giveth, and the Fed taketh away. But for now? Buckle upâwe're moonbound.

Bitcoin Demand Surges on Fed Rate Cut Expectations
Economic indicators suggest that the Fed might enter an easing cycle, prompting investors to seek higher returns in the cryptocurrency market. The expectation of increased liquidity sharply boosted demand for Bitcoin, supporting the test of a record level of new capital inflow. Experts believe a rate cut could accelerate exits from bonds, paving the way for more âboldâ positions in portfolios.
In this environment of intense macroeconomic speculation, the price move to $112,000 strengthened investor sentiment. If the Fedâs action is delayed, temporary profit-taking may occur; however, in the medium term, a loose monetary policy is expected to reinforce Bitcoinâs image as âdigital gold.â CoinGape analysts encapsulate the sentiment by stating, âAs rate cuts become a topic of discussion, Bitcoin is likely to challenge new thresholds.â
Bitcoin Dominance Approaches 2020 Resistance, Reinforcing Strength
The rise in market dominance toward the 65% threshold signifies declining interest in alternative cryptocurrencies. Amid growing uncertainty, investors are expanding their positions in Bitcoin, considered a âsafe haven,â resulting in the re-testing of a dominance threshold that was a formidable barrier in 2020.
This increase in dominance consolidates the upward trend and suggests that price movements could stabilize. Some analysts state that short-lived pauses after new highs are natural, yet the support level has strengthened around $107,000. Meanwhile, the $135,000 resistance remains a psychological target in the spotlight.
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