Bitcoin Holds Above $58K as Odds of Big Fed Rate Cuts Jump to 67%
Briefly

Bitcoin has remained stable at around $58,480, showing little variation as traders hold their breath ahead of the pivotal Federal Open Market Committee meeting.
The anticipation of the Federal Reserve’s meeting on September 18 is significant, with a strong probability that interest rates will be cut, positively impacting risk assets like crypto.
Daily inflows into Bitcoin ETFs totaled $12.9 million, largely directed towards BlackRock's IBIT, indicating healthy market interest, especially as the Fed prepares for rate cuts.
Trump's World Liberty Financial announced the launch of a governance token aimed exclusively at U.S. accredited investors, stirring interest alongside the broader market movements.
Read at Coindesk
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