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Fed Poised for Rate Cut, Signals Limited Easing Ahead

                                                          US Federal Reserve Chair Jerome Powell The Federal Reserve is widely expected to cut interest rates at its upcoming meeting, marking a shift in monetary policy aimed at supporting economic growth amid cooling inflation and slowing demand. While markets have anticipated a series of reductions, policymakers appear cautious, with signals suggesting only one additional cut may be on the horizon for next year. This measured approach reflects the Fed’s balancing act: easing financial conditions to sustain momentum while avoiding overstimulation that could reignite price pressures. Investors are closely watching the central bank’s language for clues on the trajectory of borrowing costs, as households and businesses continue to navigate a delicate economic environment....
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Bitcoin Hits Record High, Analysts Predict $100,000 Milestone

 

Bitcoin surged to a new all-time high this week, surpassing $70,000 amid growing optimism about institutional adoption and a favorable regulatory outlook. The milestone has reignited discussions about the cryptocurrency’s potential to reach $100,000, a target long anticipated by bullish investors and analysts.

The rally comes as major financial institutions increasingly embrace Bitcoin. Recent developments, including the approval of Bitcoin exchange-traded funds (ETFs) and heightened interest from large asset managers, have fueled demand. Additionally, global economic uncertainties and inflation concerns have bolstered Bitcoin’s appeal as a hedge.

Market experts suggest the psychological $100,000 mark could be achievable by early 2025 if current trends persist. “Bitcoin’s scarcity, combined with growing institutional involvement, creates a strong foundation for long-term growth,” said a report from Glassnode.

However, analysts caution against potential volatility, noting that Bitcoin’s price movements often correlate with shifts in market sentiment and macroeconomic developments.

As Bitcoin continues its upward trajectory, its role in the global financial ecosystem appears increasingly significant, sparking renewed interest from retail and institutional investors alike.


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