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Crypto Market Braces For FOMC Rate Decision & US CPI, PPI Inflation Data

source-logo  coingape.com 09 June 2024 03:15, UTC

The crypto market witnessed tumultuous trading last week, with a positive start which soon turned otherwise by the end. Notably, the week started on a high note with soaring anticipation over Bitcoin reaching a new high, as per several analysts’ predictions. However, after Friday’s robust U.S. Job Data, the sentiment has changed suggesting a hawkish stance by the Federal Reserve.

coingape.com
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