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ETH $1,878.78 -0.03%
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SOL $75.39 +0.23%
TRX $0.3308 -0.42%
DOGE $0.0698 -0.25%
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SUI $0.6767 -0.76%
XLM $0.1567 -0.90%
ZEC $487.69 -0.38%
BTC $63,002.11 +0.03%
ETH $1,878.78 -0.03%
BNB $604.97 -0.81%
XRP $1.00 -0.15%
SOL $75.39 +0.23%
TRX $0.3308 -0.42%
DOGE $0.0698 -0.25%
ADA $0.1777 -0.63%
BCH $203.63 -1.07%
LINK $9.40 +0.78%
HYPE $57.47 +2.18%
AAVE $85.99 -0.84%
SUI $0.6767 -0.76%
XLM $0.1567 -0.90%
ZEC $487.69 -0.38%

Tyr Capital CEO: Bitcoin is more likely to close above $60,000 in September

2024-09-06 14:21:35

ChainCatcher news, Tyr Capital Chief Investment Officer Ed Hindi stated in an interview with Cointelegraph that although historically, September has typically been a down month for BTC, the combination of the Federal Reserve's interest rate cuts and a relatively strong U.S. economy could catch bears by surprise. He believes that the likelihood of BTC stabilizing above $60,000 this month is higher than the likelihood of it falling below $60,000.

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