TechFlow news, June 6 — According to Cointelegraph, CMC Markets analyst Carlo Pruscino said that if the Federal Reserve cuts interest rates earlier than market expectations, it could push Bitcoin's price back toward the psychological level of $112,000. Currently, 97.5% of market participants expect the Fed to keep interest rates unchanged in the range of 4.25%-4.50% at its meeting on June 18. Analysts noted that the U.S. employment report will be a key indicator for both the Fed's rate decision and Bitcoin's short-term trajectory, while uncertainty surrounding Trump's tariff policies remains an unknown factor facing the Fed's decision-making.
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