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CoinOtag 2024-07-04 04:34:52

Bitcoin Price Slump: Federal Reserve’s Inflation Concerns and Tight Monetary Policy Impact Market

The Federal Reserve recently indicated that inflation is beginning to ease but remains above their target range of 2%. This development is crucial for risk assets like Bitcoin, as it might lead to lower interest rates, making borrowing less expensive. While inflation eases, the labor market remains robust. However, there are signs of decreased tightness,

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