CandleFocus BNB, Bitcoin Cash, Aptos price analysis as Fed cuts interest rates
2024-09-18
Author: Content Editor
Cryptocurrencies are experiencing an uptick in response to the Federal Reserve's interest rate cut. Bitcoin slipped under $60,000 but has now surpassed $61,000. Altcoins that have been declining could see a boost in momentum. Binance's BNB has seen a downtrend and needs to reclaim $600 for a potential continuation to its all-time high. Bitcoin Cash has traded lower since its halving but has bounced back and could potentially break out to $450 and $600. Aptos has teamed up with Ripple and Hedera to launch the MiCA Crypto Alliance, but faces resistance near $6.30.
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