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TechFlow reported on September 19 that cryptocurrency analytics firm Kaiko released data showing traders heavily bought Bitcoin before the Federal Reserve announced its interest rate cut. After the Fed's decision to cut rates by 50 basis points, the cumulative volume delta—a measure of net buying versus selling—was positive $50 million.
Cryptocurrency analytics firm Kaiko released data showing that traders heavily bought bitcoin before the Federal Reserve announced its interest rate cut decision. After the Fed announced a 50-basis-point rate cut, the cumulative volume Delta—a measure of net buying versus selling—was positive $50 million.
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