Bitcoin Hits 3-Week High as Altcoins Surge

Bitcoin Hits 3-Week High as Altcoins Surge
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Bitcoin surged past $109,600, its highest price in three weeks, while Ethereum and Dogecoin led altcoin gains. Investor optimism grows amid expectations of a Fed rate cut and regulatory clarity.

  • Bitcoin surpassed $109,600, marking its highest price in three weeks, while Ethereum and Dogecoin surged nearly 8%.
  • Investor optimism is driven by potential Fed rate cuts, crypto ETP approvals, and U.S. regulatory progress.
  • Macro risks persist, but traders are prioritizing monetary policy expectations over geopolitical and fiscal uncertainties.
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