Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off

Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off

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Source: Coindesk.com

Bitcoin started the week with a 3% decline, falling below $58,400. The drop came ahead of expectations of the U.S. Federal Reserve potentially cutting rates, influencing market sentiment. U.S.-listed Bitcoin ETFs saw significant inflows on Friday at over $263 million in the highest since July 22. Ether ETFs also saw inflows, though much smaller at

Read More https://www.coindesk.com/markets/2024/09/16/bitcoin-ether-plunge-5-ahead-of-widely-anticipated-fed-rate-cuts/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Fed Rate-Cut Anticipation Weighs on Crypto Markets as Week Kicks Off" appeared first here Coindesk.com.

Source: Coindesk.com

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