Can bitcoin cross $120K in this run?
Bitcoin climbed higher on the back of a government shutdown and weaker-than-expected U.S. labor data. The largest crypto by market cap is flirting with the $120,000 level for the first time since mid August. This comes as the CME FedWatch predicts a 98.9% chance that the Fed will cut rates by 25 bps later this month. Will another cut boost BTC to a new high? CoinDesk’s Jennifer Sanasie hosts “CoinDesk Daily.”
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Bridge simplifies global money movement. As the leading stablecoin issuance and orchestration platform, Bridge abstracts away blockchain complexity so businesses can seamlessly move between fiat and stablecoins. From payroll providers and remittance companies to neobanks and treasury teams, Bridge powers payments, savings, and stablecoin issuance for thousands – like Shopify, Metamask, Remitly, and more.
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This episode was hosted by Jennifer Sanasie. “CoinDesk Daily” is produced by Jennifer Sanasie and edited by Victor Chen.