Category: Cryptocurrency Market Analysis
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Why Bitcoin Could Drop Below $90,000—Even After a Fed Rate Cut
Despite the recent Federal Reserve’s rate cut, there are potential indicators that suggest Bitcoin may drop below $90,000. This prediction might seem contrary to the common consensus that after a rate cut, Bitcoin normally surges. However, other macroeconomic factors can influence its price trajectory. nnFor example, inflation rates, international market fluctuations, and pressure from the…