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"Crypto winter" underway
The dollar remains under pressure ahead
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The dollar remains under pressure ahead of key US macroeconomic data. At the same time, the US dollar retains its attractiveness versus cryptocurrencies, partly because the Federal Reserve is expected to keep the status quo on monetary policy. The prior FOMC meeting left the policy rate in the 3.50–3.75% range, citing resilient economic growth and reduced risks of either inflation or rising unemployment. The crypto market itself is going through one of its toughest periods in recent years. BTC is now
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Jurij Tolin,
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