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coinpedia 2024-09-19 06:03:46

Binance Trading Volume Data Hints Short-Term Price Surge for Bitcoin

The post Binance Trading Volume Data Hints Short-Term Price Surge for Bitcoin appeared first on Coinpedia Fintech News Bitcoin (BTC) recently surged past $62,000 following a decision by the U.S. Federal Reserve to lower interest rates by 50 basis points. This move, the first rate cut in four years, led to a boost in the cryptocurrency market, with Bitcoin leading the charge. However, data from Binance, the largest crypto exchange, suggests that this …

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