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News Explorer — Bitcoin Steady as Federal Reserve Leaves Interest Rates Unchanged

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Jul 31, 6:14 pm
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Bitcoin Steady as Federal Reserve Leaves Interest Rates Unchanged

Bitcoin remained steady after the US Federal Reserve announced no change in interest rates, with the cryptocurrency's price standing at $66,585. The Fed stated that the US economy was growing steadily but acknowledged the uncertain economic outlook. Investors anticipate a rate cut in September, which could lead to increased capital flowing into the crypto space.

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