Bitcoin has experienced significant gains of over 10% in September, defying its average decline during this month over the past decade. These gains have been attributed to global interest rate cuts, particularly by central banks such as the US Federal Reserve. The price of Bitcoin is said to be heavily influenced by the monetary policy decisions of the Federal Reserve. There is anticipation for potentially volatile movements in Bitcoin's price due to the expiration of a $5.8 billion Bitcoin option contract. However, if Bitcoin fails to definitively break above $65,000, it could be a sign of weaker times ahead.



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