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 US election vs. Fed rate cut — 5 Things to know in Bitcoin this week Cointelegraph vor 1 Woche

US election vs. Fed rate cut — 5 Things to know in Bitcoin this week 🇺🇸

Bitcoin faces a significant macroeconomic week as it grapples with the dual factors of the US election and potential Federal Reserve rate cuts. These events are pivotal in influencing BTC price dynamics.

The cryptocurrency is struggling to shift from old resistance levels to support, which is crucial for establishing a bullish market trend. Investors and analysts will be closely monitoring Bitcoin's ability to navigate these complex and intertwined macroeconomic pressures.

Quelle: cointelegraph.com ↗

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