Bitcoin price jumps to a three-week high
Bitcoin price has surged 5.6%, hitting a three-week high of $61.1K on Tuesday morning. Altcoins like Celestia, Immutable X, and Near have seen double-digit percentage gains. Crypto stocks have risen modestly ahead of the Fed’s expected rate cut announcement. Bitcoin price has surged to its highest level in three weeks, triggering gains across the cryptocurrency sector and related stocks. It soared 5.6%, reaching $61.1K by 11:55 a.m. ET before pulling back to around $61k. The surge marks a sharp reversal from the quiet start to the week, signalling renewed interest in digital assets. Bitcoin price and crypto market soar ahead of Fed cuts Besides Bitcoin, other major cryptocurrencies have also seen significant gains, with Ethereum (ETH) advancing 4.2% to $2.38K. Notably, some altcoins have outpaced the larger tokens. For example, Celestia (TIA) has seen a 15.7% increase, Immutable X (IMX) has risen by 14.8%, Near Protocol (NEAR) is up 9%, Uniswap (UNI...