BTC $78,940.56 +0.38%
ETH $2,476.65 +0.00%
BNB $691.00 -0.73%
XRP $1.39 -0.53%
SOL $103.57 -0.73%
TRX $0.3331 -1.79%
DOGE $0.0830 -1.84%
ADA $0.1983 -0.86%
BCH $247.45 -1.23%
LINK $11.39 -0.98%
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AAVE $124.44 -1.38%
SUI $0.7252 -2.26%
XLM $0.1782 -0.48%
ZEC $859.38 -0.09%
BTC $78,940.56 +0.38%
ETH $2,476.65 +0.00%
BNB $691.00 -0.73%
XRP $1.39 -0.53%
SOL $103.57 -0.73%
TRX $0.3331 -1.79%
DOGE $0.0830 -1.84%
ADA $0.1983 -0.86%
BCH $247.45 -1.23%
LINK $11.39 -0.98%
HYPE $84.62 +2.93%
AAVE $124.44 -1.38%
SUI $0.7252 -2.26%
XLM $0.1782 -0.48%
ZEC $859.38 -0.09%

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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