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CoinGape 2024-10-09 20:06:15

What Does The Fed Minutes Mean For The Bitcoin Price?

The Fed minutes for its September meeting have further dampened hopes for a 50 basis points (bps) rate cut in November. This provides a bearish outlook for the Bitcoin price, considering the market was already pricing into a 50 bps rate cut following Fed Chair Jerome Powell’s dovish speech following the September FOMC meeting. Fed The post What Does The Fed Minutes Mean For The Bitcoin Price? appeared first on CoinGape .

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