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January 9, 2025

Bitcoin Plummets to $93,000 Amid Fed Concerns on Trump Policies

Bitcoin’s price fell to $93,000 following the Federal Reserve’s recent disclosure regarding concerns tied to President-elect Trump’s proposed policies. The minutes from the Fed’s December meeting raised alarms about potential economic impacts driven by these policy changes. Investors reacted swiftly, leading to a drop in Bitcoin value as market sentiments grew apprehensive. Onlookers are advised to keep a close eye on the Fed’s future statements, as reactions from both markets and investors could have significant implications for Bitcoin’s trajectory in the near term.

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