Bitcoin rose above $10,000 as July came to an end but that wasn’t enough to prevent BTC’s first monthly loss in 2019. Here are three likely reasons responsible for the move above $10k. Fed Rate Cut For the first time in a decade, the U.S. Federal Reserve cut interest rates by a quarter of a percentage point (0.25%). After a momentary slip, BTC above $10,000 within the space of five hours. Many commentators have arguedRead MoreThe post 3 Reasons Why Bitcoin is Back Above $10,000 appeared first on Bitcoinist.com.