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FOMC Fuels Bitcoin Recovery: But What Does Risk-On Mean For Q4? 99Bitcoins 1 zi în urmă

FOMC Fuels Bitcoin Recovery: But What Does Risk-On Mean For Q4? 📈

FOMC USA Bitcoin Federal Reserve

The Federal Open Market Committee (FOMC) of the Federal Reserve slashed interest rates by 50 basis points. This decision has fueled a recovery in Bitcoin prices, as investors turn to risk-on assets.

The move to lower rates has increased demand for assets like Bitcoin, suggesting a positive outlook for the cryptocurrency market in Q4.

This shift towards risk-on assets indicates a more favorable environment for cryptocurrencies moving forward.

Source: 99bitcoins.com ↗

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