Bitcoin Breaks Past $105K, Driven by Rate Cut Hopes

Bitcoin surged past the $105,000 mark, fueled by speculation that the U.S. Federal Reserve may soon ease interest rates. This rally comes after a speech by Fed Chair Jerome Powell, which while cautious in tone, hinted at openness to easing monetary policy, sparking renewed optimism across financial markets, particularly for cryptocurrency. [Continue with details of Powell’s comments and impact on market response]