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Bitcoin (BTCUSD) Soars If Fed Delivers Rate Cut — Traders Eye Powell Catalyst

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The Story

News Summary

  • Fed's rate-cut decision and Powell’s comments are a pivotal, immediate catalyst for Bitcoin; a cut could weaken the dollar and boost crypto risk appetite, while hawkish surprises could trigger rapid sell-offs and liquidations.
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BTCUSD price history

76851.59 +11.74% over the displayed period

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