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Elsewhere, investors are also watching what the Federal Reserve does aimed at inflating volume.
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Bitcoin News Hype? ?? What�s ACTUALLY Going On ?? (Fed�s Step-by-Step Plan ?? to Hijack Crypto! ??)How the Fed impacts stocks, crypto and other investments � Higher rates and recession fears losing effect on the market � Will interest rates. At p.m., Bitcoin was trading % lower at $42,, while Ethereum was up % at $2, Meanwhile, the global cryptocurrency market cap. Bitcoin has fallen to seven-week lows, hovering below $40, for the first time since the launch of 11 spot bitcoin exchange-traded funds earlier in the month.
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