Bitcoin rebounded to close the week at $114,500, signaling a possible reversal from its recent dip from all-time highs. Traders remain cautious despite the bullish comeback. The Federal Reserve is expected to cut interest rates by 0.25%, with markets betting on positive outcomes. AI predicts a return to $125,000 for Bitcoin by the end of October. Market volatility remains high as Bitcoin’s October performance falls short of expectations. Short-term holders are back in profit with Bitcoin reaching $113,000.

Read more at Cointelegraph: Bitcoin Hits $116,000 on US-China Trade Deal Hopes