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Bitcoin (BTC) Price Hits Weekly Low Before Fed Rate Cut Decision, More Pain Ahead?

Jun 12, 2024

Bitcoin, the world’s largest cryptocurrency, continues to be under some selling pressure as traders get jittery ahead of the Fed’s decision on interest rate cuts. In the last 24 hours, the Bitcoin price has tanked by an additional 2% there slipping under $68,500 levels.

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BTC price risks $60K dive as Bitcoin bid liquidity thins on new 3% dip
Bitcoin flat despite ETF inflows as hedge funds short BTC at record levels

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