CoinEx Daily: Cautious Climb: Bitcoin Eyes September Rate Cut as Geopolitics Loom

Daily View

Bitcoin is navigating a cautious phase, with short-term bullish momentum tempered by mixed macro signals. The U.S. Federal Reserve's decision to hold rates steady, paired with a strong probability of a September rate cut, has bolstered risk appetite, though geopolitical tensions and market uncertainty persist. Inflows into Bitcoin and Ethereum ETFs suggest renewed institutional interest amid evolving regulatory and tax frameworks.