Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will...

Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next

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Source: Coindesk.com

The Federal Reserve implemented a 50 basis point rate cut, with expectations of further reductions to bring the median benchmark rate to 4.4% by year-end. Despite the rate cut, market sentiments are mixed with some skepticism about the sustainability of the crypto market rally. Major cryptocurrencies like Solana's SOL, BNB, XRP, and Cardano's ADA saw

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The post "Bitcoin Broke $62K After Fed Rate Cuts. Here’s What Traders Say Will Happen Next" appeared first here Coindesk.com.

Source: Coindesk.com

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