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    Bitcoin Price Slides to $59,500 as US Fed Signals, Strategy's Turnaround Plans Weigh on Sentiment

    10 hours ago

    Bitcoin traded near $59,500 on Tuesday as investors weighed easing US-Iran tensions against weak institutional demand and expectations of higher US interest rates. Analysts said Strategy’s planned Bitcoin sale, the Federal Reserve’s policy outlook, and upcoming US jobs data have kept risk appetite subdued. At the same time, Bitcoin continues to hold above key support despite the recent market correction.
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