Bitcoin Might be Tested by the First Fed Rate Cut Today

bitcoin

With Bitcoin about to experience the first interest cut by the Federal Reserve [the central bank in the U.S.] in its history today, some traders are watching closely for clues on how the bitcoin price might react.

According to some high-profile analysts, including co-founder of Fundstrat Global Advisors Tom Lee, the expected rate cut could be good news for the number one cryptocurrency.

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