BTC Steady Above $91K, Treasury Yields Add Note of Caution as Fed Rate Cut Looms
Bitcoin BTC$92,156.97 rose Monday, supposedly in anticipation of a Federal Reserve interest-rate cut this week, although a continued rally in Treasury yields signaled caution. The Fed is expected to cut the target interest rate by 25 basis points to the 3.5%-3.75% range. It would be the third straight reduction in the cost of borrowing, amounting...
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