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Analysts: If the Fed cuts interest rates by 25 basis points, Bitcoin may resume slow upward trend

Source: ChainCatcher
According to ChainCatcher, according to CoinDesk, Bitcoin (BTC) still lacks a clear direction, and it fluctuates repeatedly in the range of $114,000 to $117,000, continuing the sluggish trend. Analysts said that if the Fed cuts interest rates by 25 basis points, it may restore Bitcoin to a slow upward trend; but if the interest rate is unexpectedly cut by 50 basis points, U.S. stocks, cryptocurrencies and gold may all usher in crazy markets.
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