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Bitcoin rebounds after Federal Reserve meeting, surpassing $65,000
source link: https://nextbigwhat.com/bitcoin-rebounds-after-federal-reserve-meeting-surpassing-65000/
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Bitcoin rebounds after Federal Reserve meeting, surpassing $65,000
- Bitcoin’s price increased by 1.7% to $65,773.23, recovering from an early dip to $60,793.60, following the Federal Reserve’s decision to maintain steady interest rates.
- The cryptocurrency market responded positively to the Fed’s announcement of potential rate cuts this year, with Bitcoin and other digital assets like Ether and Dogecoin seeing gains.
- Bitcoin’s recent volatility is linked to the Federal Reserve’s interest rate policies, affecting liquidity and investment in growth assets, according to financial analysts.
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