@renardsaucedoeoz
BitcoinBitcoin -5.9% has dropped back after Federal Reserve chair Jerome Powell sent the price soaring last week (with major updates from China and Russia failing to rally the market).
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The bitcoin price climbed to $65,000 per bitcoin after Fed chair Powell signaled an interest rate cut is all but certain in September, setting up a "golden opportunity."
Now, as the bitcoin price languishes at around $60,000 and one rival cryptocurrency suffers a huge crash, analysts are betting a fresh injection of liquidity by the Fed will put the bitcoin and crypto market on the "cusp" of a major move.
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