Bitcoin fails to rally from dovish FOMC meeting – Why?
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Bitcoin has failed to see a price rally following a dovish Federal Open Market Committee (FOMC) meeting. Currently, Bitcoin’s price has dropped below $65,000. Analysts are pondering the potential impact of the upcoming US Jobs report, which will be released on Friday, on Bitcoin's market movements. The FOMC meeting had provided a dovish outlook, which typically would boost asset prices, but Bitcoin has not followed this expected trend.
Source: ambcrypto.com ↗
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