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IG’s Chief Analyst Expects Bitcoin to Recover Upon This Week’s Fed Rate Cut

IG’s Chief Analyst Expects Bitcoin to Recover Upon This Week’s Fed Rate Cut

Bitcoin and the broader crypto market continue to face a difficult stretch, yet IG's Chief Market Analyst Chris Beauchamp says a turnaround may already be forming. After months of selling pressure and fading confidence, Beauchamp expects a rebound to play out this week as traders position ahead of an almost certain Federal Reserve rate cut.

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