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Opinion: Bitcoin Bulls Should Not Trust Fed’s Dovish Plans Just Yet

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Bitcoin loves a dovish Federal Reserve. The cryptocurrency escaped its gloomy short-term downside outlook right after the US central bank announced that it would keep its expansionary policies steady until 2023. BTC/USD rallied from $53,000 to just shy of $60,000, with traders believing that near-zero interest rates and $120bn monthly asset purchasing would lower short-term […]

Source: Opinion: Bitcoin Bulls Should Not Trust Fed’s Dovish Plans Just Yet

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