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Market insights The U.S. Federal Reserve’s recent decision to pause interest rate hikes—and potentially lower rates in 2024—could provide a boost to crypto prices and related stocks, market observers say. In an interview this week, BlackRock fund manager Jeffrey Rosenberg described the Fed’s policy pivot as a “green light” for investors. Major stock indexes rallied on the news, with the S&P 500 notching a 1.37% gain. Analysts say the crypto sector stands to benefit from the more dovish stance as well. Shares of top crypto exchange Coinbase jumped nearly 7.7% following the Fed’s announcement that it may cut interest rates next year. Still, the upcoming Bitcoin halving in 2024 is seen as the most forceful catalyst on the horizon for the broader crypto complex. The programmed supply cut has preceded parabolic bull runs in past market cycles.
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Wrapping Joy in Every Moment 🎁✨ #BinanceWish As the snowflakes gently kiss the earth and the jingle bells echo the melody of warmth, we find ourselves wrapped in the cozy embrace of Yuletide cheer. 🎄💫 This season, may your heart be a haven for the best Christmas wishes, filled with laughter that resonates through the chilly air, and love that burns brighter than the festive lights. #BinanceWish @Square-Creator-59e348537 @小月月
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Bitcoin (BTC) had a breakout week, cutting through 2023 highs around $32,000 like a hot knife through butter. The top Cryptocurrency by market cap touched $35,000 after news circulated around social media that BlackRock’s iShares Bitcoin Trust had been assigned a ticker code by the Depository Trust & Clearing Corporation (DTCC). It was later revealed that the ticker code had been live since August unnoticed, but the breakout across Crypto has thus far held. $BTC #Meme #arbitrum #tia #scroll #solana
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Will bitcion hit 40k by New year ? I bet it’s possible 👍🏻 Fellow up for more reasons to investing $BTC #BTC #lightningnetwork #senthvhal
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