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Will a FOMC Rate Cut Propel Bitcoin or Lead Market Turbulence?
- FOMC rate cut expected to impact Bitcoin and overall crypto market.
- Renowned economist Peter Schiff doubts rate cuts will benefit Bitcoin; inflation risks noted.
- Market expectations are divided, with some predicting a 50 bps rate cut and others anticipating a more modest 25 bps cut.
- Bitcoin's price could either go up or down depending on the Fed's actions and overall market sentiment.
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