
Tags: Interest Rate
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Professional Bitcoin traders were unaffected by the recent 9.6 price correction, and derivatives data reflects a healthy market.
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Contrary to Jerome Powell‘s intimations, inflation is likely to rise in the months ahead. If the Fed does not hike rates in 2024, the problem will get worse.
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With the expectation of further rate cuts heading into 2024, analysts say this could be a "positive boost" for crypto stocks and investment products.
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Goldman Sachs Predicts First Fed Interest Rate Cut in Q3 2024 – How Will Crypto Markets React?
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