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Crypto Market Under Pressure as Traders Price Out Fed Rate Cuts Over Inflation Risks
The crypto market is down today and facing renewed pressure as inflation concerns grow due to the U.S.-Iran war, which is sending oil prices to new highs. With inflationary pressure on the U.S. economy mounting, crypto traders are now pricing out Fed rate cuts this year, a development that is bearish for crypto assets. Crypto
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Source: CoinGape →