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One platform for global traditional assets
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Bull back? BTC returns to $60,000, this is the reason for BTC's pump today
Impacted by the US economic data and the expected interest rate cut by the Federal Reserve, the price of BTC touched $60,000, and institutional purchases also boosted momentum. Macroeconomic and market factors are driving expectations of a rate cut by the Federal Reserve, benefiting risk assets such as BTC. Institutional buying has surged, and the cryptocurrency market is currently showing positive sentiment.