WatchGuru

Today, Bitcoin is hovering near the $120,000 level, buoyed by hopes for a September interest rate cut and strong institutional inflows which collectively are maintaining a bullish tone.
Bitcoin is holding strong in the vicinity of $120,000 today, supported by softer-than-expected U.S. inflation data that’s raised expectations for a Federal Reserve rate cut in September, while hefty inflows into spot Bitcoin ETFs and heightened institutional interest fueled by regulatory clarity and macroeconomic tailwinds have further bolstered sentiment and price momentum . Though Bitcoin remains just shy of
Bitcoin is holding strong in the vicinity of $120,000 today, supported by softer-than-expected U.S. inflation data that’s raised expectations for a Federal Reserve rate cut in September, while hefty inflows into spot Bitcoin ETFs and heightened institutional interest fueled by regulatory clarity and macroeconomic tailwinds have further bolstered sentiment and price momentum . Though Bitcoin remains just shy of