News / Crypto / Bitcoin Rallies to $60K, Driven by Fed Policies and ETF Inflows

Bitcoin Rallies to $60K, Driven by Fed Policies and ETF Inflows

Published: 18.09.2024 08:30 GMT+01

On September 17, Bitcoin surged 3.71%, closing at $60,321 and reversing previous losses. Outperforming the broader crypto market, which gained 2.67%, BTC's rally was fueled by positive sentiment regarding the U.S. economy, Fed rate expectations, and strong inflows into U.S. Bitcoin-spot ETFs.

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