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BTC $62,996.18 +0.12%
ETH $1,879.76 +0.18%
BNB $606.94 -0.57%
XRP $1.00 +0.01%
SOL $75.38 +0.38%
TRX $0.3309 -0.35%
DOGE $0.0698 -0.22%
ADA $0.1772 -0.90%
BCH $203.92 -0.70%
LINK $9.42 +1.86%
HYPE $57.45 +2.41%
AAVE $85.91 -1.14%
SUI $0.6776 -0.60%
XLM $0.1570 -0.72%
ZEC $488.74 +0.04%

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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