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Danila
@danilabodrov
Bitcoin sags below $108K as rate-cut bets evaporate before Fed minutes Bitcoin eyes fresh multiday lows with risk assets suffering from a lack of volatility catalysts and fading hopes of a Fed rate cut before September. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD dipping below $108,000 to challenge multiday lows. Ahead of the minutes of the Federal Reserve’s May meeting, the mood among risk assets was cautious. CME Group’s FedWatch Tool showed decreasing odds of a rate cut — a key tailwind for crypto, stocks and more — before September. https://cointelegraph.com/news/bitcoin-sags-below-108k-rate-cut-bets-evaporate-before-fed-minutes
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