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Bitcoin Tumbles Toward $60K Amid Growing Tensions in Middle East
- Bitcoin drops over 3% in early October, contradicting expectations of a bullish ‘Uptober’.
- Recent gains from the US Fed’s rate cut have been mostly lost.
- Market expectations of further Fed easing are deemed unrealistic by BlackRock’s CEO.
- Geopolitical tensions impact Bitcoin’s performance, while traditional safe havens like gold and oil rise.
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