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TheNewsCrypto

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Bitcoin Price Likely to Face Correction Following Recent Surge

  • Bitcoin price has surged over the past ten days, adding about $10,000.
  • Social measures imply that a correction in the cryptocurrency market is likely.
  • Following the Federal Reserve's decision to cut interest rates, Bitcoin rallied to a three-week high but is currently trading at around $63,000.
  • Data suggests that FOMO and large price gains often lead to corrections in the cryptocurrency market.

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