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December 19, 2024

Bitcoin Price Surges Above $102,000 After Fed Meeting Reactions

Following recent fluctuations, Bitcoin has rebounded to $102,250. This surge comes after a sharp decline on Thursday, triggered by the Federal Open Market Committee (FOMC) meeting, which rattled investors. Bitcoin experienced a drop from around $105,000 to a significant low of $98,839 during late-night trading hours in the U.S. The recovery has caught the attention of market watchers, suggesting resilience in the cryptocurrency’s performance. Analysts are exploring the factors contributing to this rebound and its implications for Bitcoin’s future trajectory in light of ongoing economic developments.

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