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Hawkish U.S. Fed turns Bitcoin red; traders watch $60K support line

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Bitcoin’s price swiftly dropped below $64K after the U.S. Fed adopted a more hawkish stance. Following a period of relative calm, the flagship cryptocurrency experienced sharp volatility, plunging by over $3.5K to $63.3K on Binance. The U.S. Fed announced that interest rates would remain at 5.25%–5.5%. This revelation caused a slight decline in Bitcoin and […]

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