Bitcoin

Why Bitcoin Price Is Going Down Today: Why It’s Down and What’s Coming Bitcoin prices faced significant selling pressure just hours before the Federal Reserve&#39;s anticipated rate cut decision, dipping below $104,000 after hitting an all-time high. The downturn has sparked concern among investors, with Bank of America executive Mark Cabana suggesting the U.S. central bank will likely announce a 25 basis point rate cut. This move stems from fears of maintaining overly tight monetary policies amidst easing labor market conditions and persistent inflation. Notably, the Consumer Price Index (CPI) rose to 2.8% in November, up from 2.4% in September, indicating firm inflationary pressures.Visit- <a href="https://www.coingabbar.com/en/crypto-currency-news/why-is-bitcoin-price-down-today-whats-ahead-for-btc" rel="noopener noreferrer nofollow">CoinGabbar</a>

Why Is Bitcoin Price Down Today: What’s Ahead for Bitcoin $BTC

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