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The Federal Reserve's recent decisions have impacted the cryptocurrency market, leading to a downturn in prices. 📉 Despite expectations for significant interest rate cuts due to the latest inflation data, the Fed did not make the anticipated move. This has lowered the market's outlook for rate reductions this year, further depressing cryptocurrency values. Observers suggest that if June inflation data shows another drop, the Fed might reconsider its stance on rate cuts. 🤔 #cryptocurrency #FederalReserve #interestRates #inflation #marketWatch
The Federal Reserve's recent decisions have impacted the cryptocurrency market, leading to a downturn in prices. 📉

Despite expectations for significant interest rate cuts due to the latest inflation data, the Fed did not make the anticipated move. This has lowered the market's outlook for rate reductions this year, further depressing cryptocurrency values.

Observers suggest that if June inflation data shows another drop, the Fed might reconsider its stance on rate cuts. 🤔

#cryptocurrency #FederalReserve #interestRates #inflation #marketWatch
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