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Analysts Caution 20% Bitcoin Decline as US Rate Cut Fuels Recession Fears Cryptonews 2 tygodnie temu

Analysts Caution 20% Bitcoin Decline as US Rate Cut Fuels Recession Fears 📉

A long-awaited interest rate cut by the United States Federal Reserve could have an unexpected impact on Bitcoin, potentially driving its price down, according to Bitfinex analysts.

The analysts caution that such a rate cut may heighten investor concerns about an economic recession, thereby adversely affecting Bitcoin's market value.

Source: cryptonews.com ↗

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