Bitcoin's price has surged by 129.2% this year, with an 8.9% gain in October alone, fueled by a stronger risk-on market sentiment. Major Wall Street earnings beat expectations, inspiring investor confidence and pushing interest toward assets like Bitcoin. Speculation around a potential Fed rate cut and a pro-Bitcoin political outlook are further supporting Bitcoin’s rise.
Dive into more insights and what this means for the future of Bitcoin in our latest newsletter— https://hcmcapital.substack.com/p/hcm-newsletter-issue-64
#Bitcoin #FederalReserve #HCMCapitalhttps://m.primal.net/Lllx.png
10/29/2024, 1 engagement