Bitcoin Rallies Above $61,000

Bitcoin and major cryptocurrencies rebound on dovish Federal Reserve signals Bitcoin climbed above $61,000, with speculative tokens like Memecore’s M and Audiera’s BEAT leading gains. Derivatives data show rising open interest and positive funding rates for bitcoin, s

Bitcoin and major cryptocurrencies rebound on dovish Federal Reserve signals

Bitcoin climbed above $61,000, with speculative tokens like Memecore’s M and Audiera’s BEAT leading gains.

Derivatives data show rising open interest and positive funding rates for bitcoin, supporting a bullish outlook.

The largest cryptocurrency added more than 4% to $61,200, and ether rose 5%. Solana’s SOL gained 9% as the network unveiled an onchain governance system.

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