Bitcoin Entering 'Most Dynamic' Month on 99% Fed Rate Cut Odds: Crypto Daybook Americas

By Francisco Rodrigues (All times ET unless indicated otherwise) Crypto markets are continuing their rise this week after weaker-than-expected U.S. labor data and amid a government shutdown that saw the market adopt the stance that a Federal Reserve rate cut next month is a near certainty. Bitcoin climbed an additional 2.15% in the last 24-hour period to $118,700, while the broader market, as measured by the CoinDesk 20 (CD20) index, rose 2.33% in the same period. The rally came despite, or because of, r ...