Bitcoin Drops On No US Rate Cut News, But Then Rebounds Higher – Is BTC Eyeing $140K? –
The post Bitcoin Drops On No US Rate Cut News, But Then Rebounds Higher – Is BTC Eyeing $140K? – appeared on BitcoinEthereumNews.com.
Bitcoin fell sharply following the latest U.S. economic data, but then regained, resuming speculation of a surge to $140K. The top cryptocurrency continues to be in the spotlight, and while traditional indicators like interest rate announcements still make short-term waves, long-term support seems strong. Meanwhile, new DeFi player Remittix (RTX) is drawing subdued but increasing investor interest on the lookout beyond Bitcoin alone. Bitcoin Reacts To U.S. Economic Indications Bitcoin fell for the short term following the Federal Reserve’s announcement that interest rates were going to be left untouched in the near term. It set off a small-scale panic selling, but it did not dominate for long. The BTC currently trades at $117,923.71 and surged quickly, still experiencing bullish sentiments. Its market capitalization is at $2.34 trillion, with 24-hour trading volume at $68.98 billion, increasing by a 9.2% rise. This reflects strong resistance to macro headwinds, with one of the best cryptos to invest in being Bitcoin. Its rebound suggests sustained market resilience and strong investor faith in digital money Remittix (RTX): The DeFi Project Solving Real-World Crypto Problems While Bitcoin makes headlines, Remittix (RTX) is working tirelessly to build something entirely new—crypto with real utility. Currently trading at $0.0895 per token, Remittix has raised in excess of $17.9 million with more than 577 million tokens sold. It’s not hype—it’s solving real problems. Remittix allows users to send cryptocurrency like BTC, ETH, or XRP directly into bank accounts in 30+ countries. The 40+ cryptocurrency and 30+ fiat currency support cross-chain DeFi platform offers real-time FX conversion and mobile-first wallet experience. The much anticipated beta wallet, set for release in Q3 2025, is one of the most highly anticipated new crypto token launches this year. It’s for freelancers, remitters, and businesses that need fast, secure, fee-low or clunky interface global payments.…
