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Bitcoin Faces Downward Pressure Amid Concerns Over Fed’s Delayed Rate Cut Response
Bitcoin Faces Downward Pressure Amid Concerns Over Fed’s Delayed Rate Cut Response
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Bitcoin’s price experienced notable volatility as market participants grew increasingly anxious about the Federal Reserve’s cautious stance on interest rate reductions. Investors are scrutinizing Chair Jerome Powell’s latest remarks for signals of monetary policy shifts, with many fearing the central bank may lag behind inflationary trends. The cryptocurrency market, often sensitive to macroeconomic policy changes, reflects broader uncertainty in risk assets as traders recalibrate expectations for liquidity conditions. Analysts suggest BTC’s short-term trajectory remains tightly coupled with traditional finance sentiment until clearer guidance emerges from the Fed’s upcoming meetings.
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