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Bitcoin Price May Stage a Relief Rally
The BTC/USD pair held steady on Wednesday as investors bought the dip after it moved into a bear market. Bitcoin price was trading at $93,400 on Wednesday morning, a few points above this month's low of 88,790. It remains in a bear market after falling by over 25% from the year-to-date high of 126,300. Bitcoin Price Steadies Ahead of FOMC Minutes The BTC/USD pair will have two main catalysts on Wednesday. First, it will react to the upcoming Federal Reserve minutes, which will provide more information about the last meeting when officials decided to cut interest rates by 0.25% for the second time. The minutes come as ... (full story)
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