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Ethereum tumbles over 13% this week
Cryptocurrencies fell across the board on Friday, extending the sharp losses that have dragged them far below recent peaks, with Bitcoin slipping under 82,000 dollars. The decline comes amid conflicting bets on Federal Reserve policy. The latest US jobs report dampened hopes for a rate cut in December, but those expectations resurfaced today after comments from a senior Fed official. John Williams, President of the New York Federal Reserve, said on Friday he expects the central bank to have greater scope to reduce interest rates. The influential policymaker explained, during remarks in Chile, that he sees the risks ... (full story)
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