<ul><li>Crypto investors are hopeful that the Federal Reserve's interest rate cut will serve as a catalyst for a significant Bitcoin rally.</li><li>Bitcoin's price rose to as high as $61,242 in anticipation of the Fed's rate cut announcement.</li><li>Investors expect a 39% chance of a 25-basis-point rate cut and a 61% chance of a 50-basis-point rate cut.</li><li>Charles Edwards, the founder of Capriole Investments, believes that a close above $64K would signal a resumption of a bullish rally for Bitcoin.</li></ul>

Bitcoin Presents Opportunity For Parabolic Rally Ahead Of Widely Anticipated Jumbo Rate Cut

Discover more