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News Explorer — Bitcoin, Ethereum Prices Dip As the Fed Teases Interest Rate Cut

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Jun 12, 6:51 pm
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Bitcoin, Ethereum Prices Dip As the Fed Teases Interest Rate Cut

Cryptocurrency prices fluctuated as the Federal Reserve's commentary on inflation provided new insights. The Fed left interest rates unchanged, but its "dot plot" indicated a shift in financial conditions, suggesting a more hawkish stance. This led to a decline in cryptocurrency prices, including Bitcoin, Ethereum, and Solana.

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