Bitcoin surges past $110k, driven by interest rate cuts and risk appetite.

Bitcoin has once again broken above the $110.5k mark, signaling renewed confidence among investors. According to The Block, the rally is largely supported by growing expectations of interest rate cuts, which continue to boost risk appetite across global markets.   This move reinforces $110k as a key technical support level, and market analysts suggest that a sustained break above this threshold could open the door for further upside momentum. However, it’s worth noting that geopolitical tensions and ongoing regulatory uncertainty remain major factors that could quickly shift sentiment.   At Wyden, we’re tracking how macroeconomic trends and institutional flows influence digital asset performance. Bitcoin’s moves remain a key indicator of broader market confidence.   📎 You can find the full article from The Block in the comments.   #Bitcoin #CryptoMarkets #WydenInsights #DigitalAssets #Macroeconomics #Blockchain

  • graphical user interface, text, application

To view or add a comment, sign in

Explore content categories