A significant shift in global monetary policy is creating a promising landscape for Bitcoin, with central banks, including the U.S. Federal Reserve, embarking on interest rate cuts. This policy shift is propelling Bitcoin to potentially achieve an unprecedented rise in September. According to Bloomberg, Bitcoin has surged by over 10% this month, countering a decade-long trend where it typically declined by 5.9% in September. Additionally, a composite index of smaller cryptocurrencies has increased over 20%, reflecting how lenient monetary conditions are rejuvenating the risk-laden cryptocurrency market.
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