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American Bitcoin (BTCUSD) Soars on Strategic Accumulation Amid Fed Rate Cut Hopes

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The Story

News Summary

  • Major firms like American Bitcoin and Strategy are aggressively buying Bitcoin, boosting strategic reserves despite Coinbase’s report of subdued treasury buying since early October, indicating renewed buying pressure amid market fragility and inflation-driven Fed rate cut expectations.
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Stored market data

BTCUSD price history

77565.93 +13.58% over the displayed period

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