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IG’s Chief Analyst Expects Bitcoin to Recover Upon This Week’s Fed Rate Cut

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IG’s Chief Analyst Expects Bitcoin to Recover Upon This Week’s Fed Rate Cut

Bitcoin and the broader crypto market continue to face a difficult stretch, yet IG's Chief Market Analyst Chris Beauchamp says a turnaround may already be forming. After months of selling pressure and fading confidence, Beauchamp expects a rebound to play out this week as traders position ahead of an almost certain Federal Reserve rate cut.

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