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Coinjournal
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Bitcoin (BTC) price targets $63k as crypto market awakens after Fed rate cut
- Bitcoin (BTC) price has surged past $62,000 following the US Federal Reserve’s decision to cut interest rates by 50 basis points.
- Next resistance level for Bitcoin is at $63,000.
- Ethereum (ETH) and Solana (SOL) have also experienced significant price surges, reflecting a broader crypto market rally.
- Caution remains due to economic uncertainties and potential regulatory issues.
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