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Bitcoin Cointelegraph

US Fed rate cut could push Bitcoin down 20% — Analysts

Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Fed rate cut could push Bitcoin down 20% — Analysts

Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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