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America Hasn’t Done This in 10 Years – And It’s Fire for Bitcoin

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The US Federal Reserve is expected to cut the target interest rate on Wednesday for the first time since the global financial crisis a decade ago. This policy shift is gasoline for bitcoin. To cut rates, the Fed will increase the supply of US dollars, thus cannibalizing its value. It’s a stark reminder that fiat […]

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* First published on ccn.com

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