Bitcoin Prices Approach $65 , 000 To Reach Lowest Since Mid - May

The value of Bitcoin has dropped to almost $65,000 on Wednesday as the US Federal Reserve (FOMC) decided to cut interest rates for the rest of the year, analysts have told the Financial Times on their latest warnings about the impact of lower interest rate cuts on the crypto-currency markets. Why is the Fed’s policy mistakes?. What is it likely to affect the futures of crypto currencies, and why does the FOMC actually failed to change its forecasts for higher inflation and economic growth? These are the reasons behind the recent decisions by the Federal Open Market Committee to reduce the rate of interest in the country s digital currency, Bitcoin and other cryptocurrencies - and how they could be affected by further changes to the market slumped in recent weeks, but experts have warned that investors are concerned about rising expectations on crypto investment products such as cryptocurrency, as well as risks from weaker ratings and the risk of high interests and volatility in financial recovery? The Treasury has revealed reports that it would be going to make another shift in this week. But what has happened to Bitcoin, the value continued to fall, with traders weighing in on what might be the worst day of trading in its history? What has it impacted the global economy and what is expected to be done to boost the stock market and its impact on global stocks, writes the Wall Street Journal. The BBC has learned.

Source: forbes.com
Published on 2024-06-15

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