Bitcoin Rallies on Fed Rate Cut Expectations

Dear Readers,

Crypto market Optimism is rising ahead of Wednesday’s Federal Reserve meeting, where a 50-basis-point rate cut is expected. Bitcoin has surged 4%, reaching $60K as per Coinpedia markets data, fueled by confidence in a bullish market outlook. Historically, rate cuts have benefited Bitcoin, and with a 62% chance of this scenario, further gains are expected.


For a deeper dive into Bitcoin Price Prediction and market trends, check out our detailed analysis.

Rate Cuts and Bitcoin Growth



Lower interest rates have historically triggered Bitcoin rallies, like during the 2017 bull run and the 2020-2021 post-pandemic rally. With rising investor confidence, liquidations hit $45.66 million, signaling market optimism for further price increases if the Fed proceeds with the rate cut.



Bhutan's Bitcoin Holdings Surpass El Salvador's


Bhutan’s Bitcoin Investment

Bhutan’s Druk Holdings owns over 13,000 Bitcoin, surpassing El Salvador’s 5,875 BTC. Bhutan, mining Bitcoin since 2019, now holds $758 million worth of the cryptocurrency, powered by hydroelectric energy.

El Salvador's Higher Purchase Prices
El Salvador began purchasing Bitcoin in 2021 at an average price of $43,900, significantly higher than Bhutan’s $5,000 entry price in 2019. Bhutan’s growing investment and focus on sustainable energy for mining highlight increasing institutional interest in Bitcoin.

South Korea’s Crypto Boom Driven by Premium Index

South Korea’s Growing Crypto Market
South Korea’s cryptocurrency market is expanding, driven by the Korea Premium Index, which tracks the price difference between local exchanges and international markets. High local demand and institutional trading push South Korean crypto prices above global averages.


Arbitrage Opportunities During Uncertainty

The Korea Premium Index sees the highest premiums during market uncertainty, attracting investors seeking arbitrage opportunities. This unique market condition continues to fuel growth in South Korea’s cryptocurrency sector.

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