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coinpedia 2024-09-19 07:32:11

Why Is Bitcoin Price Up Today? Analyzing the Fed’s Role and Market Reactions

The post Why Is Bitcoin Price Up Today? Analyzing the Fed’s Role and Market Reactions appeared first on Coinpedia Fintech News Bitcoin, the largest cryptocurrency by market value, surged past $62,000 after a series of key events unfolded in the financial and crypto markets. The U.S. Federal Reserve’s recent decision to cut interest rates, combined with other major developments, has sparked a strong rally in Bitcoin’s price. Analysts are now watching for Bitcoin to break past …

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