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Bitcoin (BTCUSD) Slumps Amid China Mining Crackdown and Fed Rate Cut Disappointment

The Block Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin and major cryptocurrencies fell sharply amid risk-off sentiment, macro jitters, liquidity thinning, and mining rig shutdowns in China, pressuring prices below key levels despite a recent Fed rate cut.
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BTCUSD price history

77009.52 +14.95% over the displayed period

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