Web3

Fed’s likely rate cut in September looks bullish for Bitcoin, signaling increased market liquidity and investor confidence, according to QCP Capital.

The Bank of England’s 0.25% interest rate cut to 5% could trigger a Bitcoin breakout. Easing monetary policy has historically boosted risk-on assets.

The crypto sector faced significant losses in July as hackers stole approximately $266 million through 16 separate breaches, with WazirX being the hardest hit.