Analysis

Bitcoin’s price trajectory last week has been a fascinating example of steady performance amidst a backdrop of volatility. Starting at $84,000 on Sunday, Bitcoin, the flagship cryptocurrency, seems to have settled at this very figure days later, signifying a puzzling yet adequate endorsement of its current value. Unlike the wild rollercoaster rides witnessed in previous
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Despite the Federal Reserve opting not to lower interest rates, the cryptocurrency market has shown remarkable resilience. Bitcoin, usually a barometer for investor sentiment, surged to over $87,500 following the announcement, showcasing just how tightly intertwined the crypto and traditional financial markets have become. The Fed’s decision should have signaled caution; after all, a higher
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