Bitcoin's Next Move Predicted as Market Awaits Fed Rate Decision

Crypto markets bracing for rate cuts and Fed Chair Jerome Powell's speech

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The Federal Reserve is generally expected to cut interest rates again, with financial markets pricing a quarter-point drop as a near certainty.In light of this, investors are closely awaiting the Fed's interest rate decision during its policy meeting today Thursday. The decision will be followed by comments from Fed Chair Jerome Powell, which may provide insight into the Fed's economic and interest rate expectations for the coming months.

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