Bitcoin and ether both rose significantly during late 0 on Friday, reaching levels not seen in three 1 move came after a stretch where investor focus shifted toward altcoins like Solana (SOL) and Dogecoin (DOGE), which recently delivered strong 2 of the momentum is tied to expectations that the Federal Reserve will lower its benchmark rate for the first time in a year next 3 climbed about 2% in just a couple of hours, reaching roughly USD 116,600. Ether jumped even more, up around 5% to USD 4,650. Both coins returned to levels last touched during the market swings following Fed Chair Jerome Powell’s Jackson Hole speech in late 4 short, traders appear to be rotating back into Bitcoin and Ethereum from altcoins, with monetary policy shifts acting as a key driver.
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