DondaejiDelightfulCharm
Thu Jul 18 2024
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6 answers
1398
How did the FED rate announcement affect bitcoin price?
Could you elaborate on how the recent Federal Reserve rate announcement influenced the price dynamics of Bitcoin? Did the hike or potential cut in interest rates spark a significant shift in the cryptocurrency's value? Did investors react positively or negatively, expecting tighter or looser monetary policy? Was there an immediate reaction, or did the market take some time to digest the news? Also, how did the announcement compare to past FED decisions and their impact on Bitcoin? Did this particular announcement differ in its potential implications for the cryptocurrency market?
