Bitcoin Surpasses $90K Amid Fed Rate-Cut Bets, Housing Discounts Widen

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Based on Bpaynews, Bitcoin rose above $90,000 as traders increased expectations for Federal Reserve rate cuts, pushing risk-on sentiment and weakening the U.S. dollar. The move coincided with wider housing discounts and falling mortgage rates. The Philippines also announced a target of a $60 billion tokenized asset market by 2030. Redwood Materials and MP Materials are scaling battery and rare-earth recycling to strengthen EV supply chains.

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