Analyzing the Anticipated Inflow of Funds into Bitcoin Alongside the FED’s Decision

The financial world awaits the Federal Reserve’s decision at its FOMC meeting on December 13, with analysts pointing toward the latter half of 2024. Speculations abound, particularly concerning anticipated interest rate reductions during this period, believed to benefit both stocks and Bitcoin significantly. The Fed’s Monetary Policy Shift As concerns of a recession intensify in…

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Cryptocurrency Market Sees Red Ahead of Fed Chairman’s Speech: What Should Investors Expect?

As anticipation builds for Federal Reserve Chairman Jerome Powell’s upcoming speech at the end of the week, the cryptocurrency market, including the leader Bitcoin, is trading in the red today. Bitcoin has experienced a decline of 0.32%, slipping below $26,100, while the largest altcoin, Ethereum, has retreated to $1,662 with a 0.99% drop. Powell’s speech…

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