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Invezz 2024-12-19 05:07:30

Crypto market wrap Dec 19: Bitcoin slips below $100K as altcoins tumble after Fed rate cut

The cryptocurrency market witnessed a sharp decline on December 19, as Bitcoin (BTC) plunged below the $100,000 mark following the US Federal Reserve’s decision to cut interest rates by 25 basis points. Contrary to expectations of a bullish response, the announcement triggered a broad market sell-off, impacting major altcoins like Ethereum (ETH) and XRP, which

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