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Federal Reserve Policy
The monetary policy actions taken by the US central bank to manage inflation, employment, and economic growth, significantly impacting financial markets.
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Bitcoin Surges Past $62K Amidst Easing Inflation Hopes Driven by Weak US Jobs Data
By Owais Farooq
•
4 weeks ago
Bitcoin's price surged to a new July high above $62,000, fueled by weaker-than-expected US jobs data. This economic signal bolstered hopes for a less hawkish Federal Reserve policy, positively impacting the cryptocurrency market.
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