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Bitcoin, altcoins slip as the Fed lowers interest rates by 25 basis points

The US Fed has cut rates by 25 bps, signaling a softer monetary stance. Bitcoin price is down 3% to $111,400 as traders digest the policy move. Fed to end the quantitative tightening on December 1. The cryptocurrency market has seen renewed volatility after the US Federal Reserve announced a widely expected 25-basis-point interest rate [...]The post Bitcoin, altcoins slip as the Fed lowers interest rates by 25 basis points appeared first on CoinJournal.

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