Cryptocurrency experts remain optimistic about Bitcoin’s prospects

Despite the inflation rate as high as 2.9% and the continued rise in unemployment rate, cryptocurrency markets remain optimistic, driven by the Fed's expectation of a rate cut. Bitcoin once exceeded $116,000, while altcoins such as SOL and DOGE rose sharply. Analysts stress that strong demand for SOL and tokens such as ENA and HYPE remains attractive against the backdrop of falling traditional yields and strong markets driven by AI. Traders expect bullish momentum to continue as the Fed prioritizes support for the labor market over inflation concerns.