As reported by Bitcoinist, the cryptocurrency market started the week in a positive mood, with Bitcoin reaching its highest level in two weeks, currently trading above $115,000. Ethereum, XRP, and Solana also saw gains of over 2-4% in the last 24 hours. The rise is attributed to positive U.S. inflation data and expectations of a 0.25% interest rate cut by the Federal Reserve. Additionally, a trade agreement between the U.S. and China contributed to weekend growth, with investors shifting capital from gold to digital assets. Bitcoin Hyper, a new Layer 2 project, is gaining attention for its high transaction speed and DeFi integration.
Bitcoin Price Surpasses $115,000 Amid Positive Market Trends
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