Bitcoin Surges as Investors Bet on Fed Rate Cut, Traditional Finance Worries About Margin Debt
The cryptocurrency market saw a significant upswing, with bitcoin nearing the $115,000 mark, extending its four-day climb from $108,000. This surge is attributed to anticipation of a Federal Reserve rate cut and discussions around the U.S.-China trade deal, both of which appear to have increased appetite for risk assets. The CoinDesk 20 Index rose by 2% in the last 24 hours, with ZEC, PI, and ENA…
Oct. 27, 2025, 11:15 a.m.