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The Fed will announce its interest rate decision today. Trump has continued to advocate for interest rate cuts, but the Fed is expected to keep rates unchanged. Powell's term is nearing its end. Interest rate cuts are expected to accelerate after Powell's departure.
Interest rate cuts would be a driving force for Bitcoin and altcoins. We may see more of this impact after Powell's departure...
#Bitcoin #BTC #Crypto #FedRateDecision $BTC