$BTC is the world’s largest crypto, commanding an eye-boggling 58.6% of the entire market.
Just yesterday, it hit its pinnacle at $124K, setting a new ATH. Its rise came on the heels of mounting speculation that the US Federal Reserve may slash interest rates in September. Naturally, macroeconomic tailwinds like this boost demand for risk assets like $BTC.
But as $BTC continues to attract attention, can the Bitcoin network handle the workload? A glimpse at its track record suggests no.
Don’t worry, the Bitcoin Hyper ($HYPER) Layer-2 solution is gearing up to deliver the solution – and it’s just $300K shy away from raising $10M on presale.
Fed Rate Cut Odds Hit 92.5%, Perk Up $BTC
According to CME’s FedWatch tool , markets are pricing in a 92.5% probability that the Fed will cut