From Investing.com

September 18, 2024 2:35 AM:

Bitcoin’s price surged in anticipation of a Federal Reserve interest rate cut, reaching $60,469.1. BlackRock’s Bitcoin Trust saw inflows after weeks of outflows, boosting sentiment amid economic uncertainty. MicroStrategy bought $1.1 billion of Bitcoin and plans to issue $700 million in convertible bonds to buy more. Altcoins rose as the Fed considered a rate cut, with Ether hitting $2,319.94. Markets await the Fed’s decision on rates, potentially fueling further crypto gains.

Read more at Investing.com: rises to $60k on rate cut bets, improving ETF flows By Investing.com