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Coin Edition 2024-09-13 10:30:00

Bitcoin Breaks $57K Barrier as Fed Rate Cut Odds Surge to 85%

The probability of a 25 basis point Federal Reserve rate cut jumped to 85% following the latest U.S. Consumer Price Index (CPI) data, which showed a slight uptick in core CPI to 0.3%. This news propelled Bitcoin (BTC) back above the $57,000 mark, signaling strong demand and growing bullish sentiment. Increased interest in Bitcoin call The post Bitcoin Breaks $57K Barrier as Fed Rate Cut Odds Surge to 85% appeared first on Coin Edition .

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