<ul><li>Bitcoin price closes above $58k support level, signaling potential bullish recovery.</li><li>Gold's bullish breakout suggests a similar trend for Bitcoin and altcoin industry.</li><li>US Federal Reserve likely to cut interest rates, improving overall liquidity and boosting perceived risky assets.</li><li>Bitcoin price could drop to $54k if support level is not defended, but closing above $60k could invalidate bearish sentiment.</li></ul>

Bitcoin Price Drops To $58K, Can the FED’s Interest Rate Decision Ignite Bull Run?

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