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Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares

The US Federal Reserve (Fed) has “limited firepower” to raise interest rates due to high oil prices and a threat of recession – and this could lead to higher bitcoin (BTC) prices, the crypto research and investment firm CoinShares has said. Meanwhile, others also remain positive for the long-term, saying bitcoin’s network effects make it likely to succeed…. Read More: Fed Has ‘Limited Firepower’ for Rate Hikes, Current Expectations Already Priced in for Bitcoin - CoinShares

Continue reading on https://cryptonews.com/news/fed-has-limited-firepower-for-rate-hikes-current-expectations-already-priced-in-for-bitcoin-coinshares.htm


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