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ETH $1,841.37 -1.72%
BNB $566.16 -1.64%
XRP $1.09 -0.19%
SOL $75.18 -0.65%
TRX $0.3227 -0.04%
DOGE $0.0725 -1.09%
ADA $0.1654 +1.97%
BCH $219.37 -1.87%
LINK $8.23 -1.88%
HYPE $60.08 -3.79%
AAVE $90.88 -1.34%
SUI $0.7402 -1.27%
XLM $0.1869 -1.72%
ZEC $547.78 +0.68%

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

2024-09-06 14:21:35
Collection

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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