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Bitcoin’s Path to $112K Hinges on Surprise Fed Rate Cut, Says Analyst

A surprise interest rate cut by the Federal Reserve could drive Bitcoin to $112,000, according to CMC Markets’ Carlo Pruscino. While the Fed is widely expected to hold rates steady this month, Pruscino warns that upcoming economic data, including the US jobs report, could significantly sway Bitcoin’s short-term price trajectory.

Categories: Short News
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