After the massive cut in interest rates decided by the Federal Reserve last week, bitcoin distinguished itself by reaching its highest level in a month on Monday, continuing its rebound.

Bitcoin was up 0.8%, surpassing $63,200 and not far from its highest level in a month. The Australian dollar remained stable around $0.68, digesting its rise of more than 3% in less than two weeks. The Bank of Japan (BOJ) left its interest rates unchanged last week and indicated that it was in no hurry to raise them again. According to CME FedWatch, Fed futures traders have forecast 75 basis points of rate cuts by the end of the year, and nearly 200 basis points of reduction by December 2025, bringing the Fed's key rate to 2.75% by the end of the