Bitcoin Slips Ahead of Fed Week as Traders Price in Rate Cut

Bitcoin Slips Ahead of Fed Week as Traders Price in Rate Cut

Bitcoin has declined as traders anticipate a 4.25% rate cut from the Federal Reserve this week. The cryptocurrency market has shown volatility, with Bitcoin leading the losses. Meanwhile, Dogecoin and Ethereum have also experienced significant declines, contributing to the overall downturn in the market. Traders are adjusting their positions as they factor in the potential impact of the Fed’s decisions on interest rates. This week’s developments could influence market sentiment and trading strategies moving forward.

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