Bitcoin plummets 5.50% on fading Fed rate cut expectations : vimarsana.com

Bitcoin plummets 5.50% on fading Fed rate cut expectations

Bitcoin's price dropped by 5.60% to $66,650 due to fading enthusiasm in the crypto market. US manufacturing showed growth in March after 16 months of contraction, raising expectations that the Federal Reserve may not cut rates in June. Bond traders adjusted expectations for monetary policy easing.

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