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How Fed’s Interest Rate Cuts Impact Bitcoin: A Historical Perspective and 2024 Outlook Coinotag 19 set 2024

How Fed’s Interest Rate Cuts Impact Bitcoin: A Historical Perspective and 2024 Outlook 📉

USA Bitcoin Federal Reserve

In the wake of the Federal Reserve's recent interest rate decision, Bitcoin has exhibited notable movement.

The Federal Reserve reduced interest rates by 50 basis points, setting the target range for rates lower.

This change has influenced the cryptocurrency market, particularly Bitcoin, as investors react to the new economic landscape.

The historical perspective and 2024 outlook indicate potential future trends for Bitcoin based on these interest rate cuts.

Fonte: en.coinotag.com ↗

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