Bitcoin rebounds past $90K after Futures market flashes fresh bull signal!

Bitcoin [BTC] rebounded back above $90k after the drop to $88k on Monday. This was helped by the end of quantitative tightening and the expectations of a 25 bps rate cut after next week’s FOMC meeting.

The dovish Federal Reserve policy could make risk-on assets more attractive to investors. This would see more capital flows to the crypto industry, and especially Bitcoin. Whether these flows will be enough to drive a rally to new highs remains to be seen.