BTC Price Forecast as Tether Mints $1B USDT Ahead of Fed Rate Cut

Bitcoin BTC BTC - $62960.525 price correction that began on September 14 could end soon, triggering another reversal rally. One of the main reasons for this short-term pivot is the highly anticipated US Fed rate cut decision on September 18.

Source: coingape.com

Related symbols: BTCUSD

2024-09-16 12:15:05 GMT.

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Price & Market Data

Price: $62960.525

Volume 24h: $43,852,588,251.69

Market Cap: $1,243,867,015,325.75

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,756,287. The last known price of Bitcoin is 62,970.2481002 USD and is up 4.53 over the last 24 hours. It is currently trading on 11703 active market(s) with $43,727,270,107.03 traded over the last 24 hours. More information can be found at https://bitcoin.org/.