Bitcoin operated on the rise on Wednesday (13) amid the renovated appetite for risk due to the expansion of expectations of monetary loosening by the Federal Reserve (Fed, the Central Bank) at the next September meeting after the disclosure yesterday, below the expected US inflation.
At around 4:04 pm (Brasília), Bitcoin operated 1.93%, to US $ 121,788.70, while Ethereum advanced 5.3%to US $ 4,727.38, according to Binance quotes.
Today, US Treasury Secretary Scott Bessent said he sees a “good possibility” of the Fed cutting interest on 50 base points (PB) in September, which fostered the search for risk avites. “We should be 150-175 PB below the rate that the Fed is now,” Bessent added in an interview with Bloomberg TV.
At the same time above, at 95.9%, according to the CME Group monitoring tool. The market also mostly expects an accumulated cut of 75 PB (56.7%) by the end of the year.
On the radar, with Bitcoin prices oscillating near the $ 123,000 record, Bullish, a digital asset bag, made a jump on its New York Stock Exchange on Wednesday (13) after the opening of capital. Bullish will raise more than $ 1.1 billion with the sale of 30 million shares.
