Bitcoin (BTC) Price Holds Above $60K as Traders Warn of Sell-Off on 50 Basis Point Fed Rate Cut

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“The size of the rate cut matters because it could lead to different market reactions. While a 25 bps cut would likely boost markets, a 50 bps cut might signal recession concerns, potentially triggering a deeper correction in risk assets,” said Alice Liu, research lead at CoinMarketCap, in an email to CoinDesk.

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