BTC has come under pressure in the lead up to the key events that could influence Fed rate cut expectations.

Early Tuesday Trump met executives from Nasdaq-listed bitcoin mining firm CleanSpark Inc. and Riot Platforms.

Elevated interest rates aimed at taming inflation have become a part of the problem, three Democrat senators said.

The U.S.-listed spot BTC ETFs registered a cumulative outflow of over $64 million on Monday.

Markets will increasingly price in at least one Fed interest-rate cut for 2024, QCP Capital said.

The bullish forecast comes ahead of key U.S. data that is likely to influence Fed rate cut expectations.

The 50-day simple moving average marks major support at $64,870.

The uptick signals a bullish outlook, according to Wintermute.

The address has already made $200 million from its ether holdings.

CHZ has surged over 20% in seven days, the third-biggest gain among the top 100 cryptocurrencies by market value.