Bitcoin (BTC) showed signs of strength Wednesday as it retook the $64,000 level in early Asian hours, but later retreated, to reverse drawdowns from a day before, with alternative token Sui (SUI) leading gains in the broader market.
Developers also said late Tuesday that Floki's metaverse game Valhalla had signed a multi-year partnership with esports organization Alliance to boost users and visibility ahead of its release in November.
Expectations that the U.S. Federal Reserve will cut its benchmark interest rate by another 50 basis points at its November meeting is currently at 50% on Polymarket traders.
The broad-based CoinDesk 20 (CD20) index, a measure of the price performance of the largest tokens by market capitalization, was up 2.4%, indicating positive sentiment among investors.
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