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Bitcoin surged to over $105,000, driven by market anticipation of a Federal Reserve interest rate cut, expected to be 25 basis points. Analysts suggest that while the cut is favorable, its impact may be limited as the market has already priced it in, with focus shifting to future economic projections and institutional engagement. The broader crypto market, including Ether, is also benefiting from this bullish momentum, reflecting a significant yearly gain.
Luis Buenaventura
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bitcoin surges past 105000 as market anticipates federal reserve rate cut
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06:27 16.12.2024
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