Crypto Market Sees Major Recovery Amid Speculation of September Fed Rate Cut

On Tuesday morning, Asia time, Bitcoin (BTC) momentarily exceeded $56,000, following a global market risk aversion spike that led to significant declines across the wider crypto market. CoinGecko data shows that BTC is trading at $55,713 at the time of writing, a 3% increase over 24 hours. Other major cryptocurrencies like Ethereum (ETH) have also shown remarkable recovery. Analysts... source: https://beincrypto.com/crypto-market-recovery-fed-rate-cut-september-speculation/