US Fed rate cut could push Bitcoin down 20% — Analysts.
Bitfinex says it’s a “challenging time” for Bitcoin traders as the US Fed’s widely expected rate cut could lead to a drop in Bitcoin’s price and not a boost as hoped by the market.

A long-awaited United States Federal Reserve interest rate cut could push the price of Bitcoin down — the opposite direction of many market participants’ expectations — and possibly cause it to dive to levels not seen since February, analysts say.
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