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Fed rate cut speculation

Bitcoin Rebounds to $106,000 Amid Middle East Tensions and Fed Rate Cut Expectations as Mining Hashrate Dips

Bitcoin surged to $106,000 after briefly falling below $98,500, fueled by escalating Middle East geopolitical strains and market anticipation of potential Federal Reserve interest rate reductions. Simultaneously, Bitcoin’s hashrate dropped by 8%—falling from 943.6 million TH/s to 865.1 million TH/s—prompting… Read More »Bitcoin Rebounds to $106,000 Amid Middle East Tensions and Fed Rate Cut Expectations as Mining Hashrate Dips

Bitcoin Nears $110,000 Milestone as Cooling Inflation Fuels Market Optimism

Bitcoin surged towards the $110,000 mark, buoyed by lower-than-anticipated inflation data and growing expectations of Federal Reserve interest rate cuts. This significant price movement reflects renewed optimism within the cryptocurrency market. The catalyst was the latest Consumer Price Index (CPI)… Read More »Bitcoin Nears $110,000 Milestone as Cooling Inflation Fuels Market Optimism