Bitcoin Pumps as Inflation Cools: Rate Cut Incoming?

Bitcoin surges to a 19-day high, fueled by cooler-than-expected August inflation data and rising hopes for a Federal Reserve interest rate cut! The Producer Price Index dip has traders betting on a rate cut, with odds over 92%. Dogecoin and Hyperliquid are also skyrocketing, while analysts predict further Bitcoin gains if the Fed eases rates, potentially triggering a year-end crypto rally. Hosted on Acast. See acast.com/privacy for more information.