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Axelo Nguyen
@axelo
On September 18, 2024, the crypto market witnessed some notable developments. Bitcoin (BTC) surged past the $60,000 mark, showing resilience despite recent market fluctuations. Altcoins like Solana, Dogecoin, and Shiba Inu also experienced modest gains, reflecting growing optimism in the market. However, the market is also closely watching for the Federal Reserve's potential interest rate decision, which is expected to affect liquidity and risk-taking behavior. A rate cut by the Fed could fuel further upward momentum for cryptocurrencies, but broader economic concerns could temper this effect. Additionally, geopolitical tensions, particularly in the U.S., and regulatory scrutiny of major crypto exchanges continue to influence market sentiment. Investors are advised to stay cautious amidst this backdrop of potential volatility
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