Cryptocurrency Q&A
Why is BTC dropping?
Why is BTC dropping?
KpopHarmonySoulMateRadiance
Sat Dec 21 2024
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6 answers
1350
I've been watching the cryptocurrency market recently and noticed that BTC has been dropping significantly. I'm wondering what factors are causing this decrease in value. Is it related to market trends, global economic conditions, or something else entirely?
6 answers
Enrico
Mon Dec 23 2024
The price of Bitcoin experienced a significant decline after the Federal Reserve's rate decision and outlook were announced.
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Riccardo
Mon Dec 23 2024
The market had been anticipating the Fed's move, but the reaction was overwhelmingly negative.
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alexander_clark_designer
Mon Dec 23 2024
This was primarily due to comments made by Fed Chair Jerome Powell.
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Elena
Mon Dec 23 2024
Powell suggested that there would be fewer rate cuts in 2025 than the market had expected.
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Leonardo
Sun Dec 22 2024
Additionally, he forecasted an increased inflation rate of 2.5% for the same year.
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