Bitcoin Posts Huge Gains as Market Sentiment Turns Bullish

Bitcoin surged to nearly $63,000 at the Wall Street open on Sept. 19, matching gains in the stock market. Data from Cointelegraph Markets Pro and TradingView captured Bitcoin hitting three-week highs close to $63,500 on Bitstamp. The rise in Bitcoin and other assets like equities and gold follows a significant 0.5% interest rate cut by the Federal Reserve, signaling ongoing financial policy easing in the United States. As the S&P 500 approaches new all-time highs, BTC/USD is also making strides toward its peak levels from March. “The US 2Y/10Y treasury spread, an indicator of recession, has been inverted since July