Bitcoin price
Bitcoin’s price has fallen below $108,000 as traders have adjusted their expectations regarding potential rate cuts by the Federal Reserve. This decline is attributed to a stronger dollar and increased market volatility. As traders reassess their strategies, concerns about the central bank’s monetary policy have impacted market sentiment. The shifting dynamics in the financial landscape have led to uncertainty among investors, contributing to the downward pressure on Bitcoin’s value. Analysts suggest that the interplay between currency strength and investor expectations could continue to influence Bitcoin’s price in the near future.
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