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coinpedia 2024-09-03 12:05:09

Bitcoin Price To Skyrocket with Fed Rate Cut—But Recession Hints A Big Crash

The post Bitcoin Price To Skyrocket with Fed Rate Cut—But Recession Hints A Big Crash appeared first on Coinpedia Fintech News Bitcoin, the world’s largest cryptocurrency, experienced a sharp drop of over 7% last week, continuing its decline from a one-month high of $65,000 reached on August 25th. With the US Federal Reserve’s decision on interest rates imminent, the cryptocurrency market is bracing for potential price shifts. While a rate cut could push Bitcoin’s price up, …

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