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coinpedia 2024-08-05 11:40:54

Emergency Fed Rate Cut: What It Means for Bitcoin and the Global Crypto Market

The post Emergency Fed Rate Cut: What It Means for Bitcoin and the Global Crypto Market appeared first on Coinpedia Fintech News In response to a severe global crypto market crash, the U.S. Federal Reserve (Fed) has called an emergency meeting today. This decision comes as Japanese markets face a substantial collapse, with the Japanese yen plummeting by 13%, and other Asian markets, including Korea and Taiwan, seeing declines of nearly 10%. Bitcoin has also been hit …

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