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What Will Happen to Bitcoin Prices If the Fed Cuts Interest Rates?
Bitcoin prices were down Monday, extending a retreat from their record high above $73,000, as Treasury yields jumped and expectations for future Federal Reserve interest-rate cuts were dented by data fueling worries about potentially sticky inflation.
Don't Miss Out on Crypto Opportunities: Key Bitcoin ETFs to Watch
Introduction
Bitcoin Breaks $50,000 Mark, Fueled By ETF Inflows
Bitcoin experienced a notable surge on Monday, briefly touching the $50,300 mark, buoyed by a week of strong exchange-traded fund (ETF) inflows and signs of increased institutional investment.