As of September 18, 2024, Bitcoin's price is hovering around $60,475, reflecting a 4% increase over the past 24 hours. This rise is partly due to market optimism surrounding the possibility of the U.S. Federal Reserve lowering interest rates, which has historically boosted Bitcoin's performance. The cryptocurrency is maintaining strong support at $59,248, and analysts predict a continued bullish trend if it stays above this key level(Kitco)(Cryptonews).
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