Analysts: The Federal Reserve's decision to cut interest rates will determine whether Bitcoin can break through $112,000 "
According to online reports, according to Cointelegraph, CMC Markets analyst Carlo Pruscino said that if the Federal Reserve cuts interest rates earlier than market expectations, it may push bitcoin prices back to the psychological level of $112,000. Currently, 97.5% of market participants expect the Federal Reserve to keep interest rates unchanged in the 4.25%-4.50% range at its June 18 meeting. Analysts pointed out that the U.S. employment report will become a key indicator of the Federal Reserve's interest rate decision and the short-term trend of Bitcoin, while the uncertainty of Trump's tariff policy remains an unknown factor facing the Federal Reserve's decision.
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