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Bitcoin’s Fed relief may not last as economists see December hike, Bitunix says

Bitcoin’s Fed relief may not last as economists see December hike, Bitunix says
Crypto Briefing
AI summary

Bitunix analysts warn that Bitcoin's recent relief from Federal Reserve policy may be short-lived, as economists anticipate a December rate hike. Rising oil prices and tighter monetary policy could weigh on risk appetite and liquidity, pressuring crypto prices. Traders should watch macro data and Fed signals closely, since a hike would likely reduce demand for risk assets like BTC.

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