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coinpedia 2024-09-19 08:27:47

Why Crypto Market is Up Today? Key Events Driving Bitcoin and Altcoin Gains

The post Why Crypto Market is Up Today? Key Events Driving Bitcoin and Altcoin Gains appeared first on Coinpedia Fintech News The cryptocurrency market is on the rise today, driven by a major move from the U.S. Federal Reserve. The Fed slashed interest rates by 50 basis points, a move not seen in four years, sparking optimism across financial markets. This rate cut is intended to stimulate economic growth, and cryptocurrencies have responded positively, benefiting from …

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