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Bloomberg: Global interest rate cuts may lead to Bitcoin's best historical performance in September

Bitget2024/09/28 05:50

According to Bloomberg, influenced by the United States' shift towards a more relaxed monetary policy and the global trend of interest rate cuts, Bitcoin is expected to experience one of its largest September increases in history. Data shows that Bitcoin has risen over 10% this month, while the average decline in September over the past decade was 5.9%. The small token index rose more than 20%, indicating that a looser financial environment is activating high-risk parts of the crypto market.

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