Bitcoin's price rises on anticipation of a Federal Reserve rate cut, mirroring past cycles. Asian markets open higher, with Bitcoin trading above $91,300, up 2% in 24 hours and 6% in a week. The rebound meets early resistance near $94,000. Ether and BNB gain, while XRP and Cardano show mixed results. CryptoQuant's Bull Score falls to zero, signaling a bearish phase. Market sentiment remains cautious, with internal models predicting a slowdown. K33 Research highlights catalysts like 401(k) rule changes and Ethereum's Fusaka hard fork. Broader macro conditions drive the market, with traders awaiting the Fed's decision. Bitcoin's pattern resembles past pullbacks in 2013, 2017, and 2021. GoPlus generates $4.7M in revenue, with the GoPlus App as the primary driver. Farcaster shifts focus to its in-app wallet and trading features, pivoting from social media to financial use cases.
