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coinpedia 2024-09-14 06:01:34

Fed News: Is Bitcoin’s $60K Surge at Risk After the Next Fed Move?

The post Fed News: Is Bitcoin’s $60K Surge at Risk After the Next Fed Move? appeared first on Coinpedia Fintech News The Federal Reserve (Fed) is expected to kick off its rate-cutting cycle next week, a move that could impact risk assets like Bitcoin. According to 10x Research, an aggressive 50 basis point (bps) rate cut might signal economic concerns, leading investors to reduce exposure to cryptocurrencies and stocks. While traders see a less than 30% …

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