why Bitcoin, XRP and other altcoins are surging today — TradingView News
Bitcoin climbed sharply on Tuesday, rising 4.79% to $94,284, even as strategists warned that the prospects for a sustained year-end crypto rally remain uncertain.
The rebound reflects growing expectations of a Federal Reserve rate cut this week, tempered by concerns that policymakers may signal a pause in further easing.
The gains extended across the broader crypto market. Ethereum surged 8.54% to $3,374, outperforming major tokens.
Solana and Dogecoin each advanced more than 6% to $143.91 and $0.15, respectively, while XRP rose 4.57% to $2.16. Heavy buy volume pushed the sector higher following weeks of volatility.
Macro data support rate-cut bets
Tuesday’s advance followed US economic data showing job openings holding steady at 7.7…
