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Analysts Warn of Potential Crypto Consolidation; Some Suggest Harris Could Boost Bitcoin

  • Bitcoin and major cryptocurrencies saw gains this week, fueled by the US Federal Reserve's interest rate cut.
  • Concerns persist about the sustainability of the rally due to its dependence on futures and perpetual markets.
  • Analysts suggest the upcoming US Presidential election could influence crypto prices.
  • VanEck suggests that a Harris administration might boost Bitcoin adoption.

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