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Bitcoin Falls to $60,000 as Federal Reserve Implements First Rate Cut in Four Years Coinotag 18 sep. 2024

Bitcoin Falls to $60,000 as Federal Reserve Implements First Rate Cut in Four Years 💸

The Federal Reserve has made a notable decision by lowering its benchmark interest rate by 50 basis points.

This action marks the first rate cut in four years, signaling potential shifts in economic conditions.

Despite traders' anticipation, assigning a 61% probability to this move, Bitcoin's price dropped to $60,000.

Bron: en.coinotag.com ↗