Bitcoin Surges Past $93,000 Again as Investors Bet on U.S. Rate Cuts and Crypto-Friendly Regulations
Bitcoin has climbed back above the $93,000 mark, signaling a renewed wave of confidence across the cryptocurrency market. The world’s largest digital asset rebounded strongly after briefly slipping below $88,000 earlier this week, driven by optimism surrounding possible U.S. interest-rate cuts and improving regulatory signals for the crypto industry. Market sentiment shifted sharply after recent economic data suggested inflation may be easing. This has strengthened expectations that the Federal Reserve could consider lowering interest rates sooner than previously forecast. Lower borrowing costs typically make risk assets more attractive, and Bitcoin is benefiting directly from that outlook as investors move capital away from traditional safe-haven assets. In parallel, regulatory developments in the United States have helped boost crypto optimism. Policymakers are expected to introduce clearer digital-asset rules, which could reduce uncertainty for institutional investors. The prospe...